Gold Spot / U.S. DollarUpdated XAUUSD 20240721 Bullish Setup
We have a good rally for gold and a recent impulse bearish move.
On the 4 hourly chart, it seems a confluence of OB and FVG to suggest a bullish setup has been formed and a potential buy side liquidity is near the FVG at the top.
Here we are biased that the underlying bullish trend is to continue and that the impulse bearish move is an opportunity for bullish re-entries.
On the 4 hourly chart, it seems a confluence of OB and FVG to suggest a bullish setup has been formed and a potential buy side liquidity is near the FVG at the top.
Here we are biased that the underlying bullish trend is to continue and that the impulse bearish move is an opportunity for bullish re-entries.
Trade closed: stop reached
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