XAUUSD, 4h, Short-Term & Mid-Term analysis
Updated
Now gold it's indecision,
Short-Term (Bullish)
if gold could break support 1466 there is possibility could test the next support in 1453
if bull in power than the market would be tested to strong resistance at 1478
Mid-term (Bearish)
1478 it's a very good position to taking short
my short target it's 1440 or possible to reach fibonacci target 1417
This could happen if trade war US-China phase one, it's done
Comment below if you have other opinion
Like it if you Like it
Short-Term (Bullish)
if gold could break support 1466 there is possibility could test the next support in 1453
if bull in power than the market would be tested to strong resistance at 1478
Mid-term (Bearish)
1478 it's a very good position to taking short
my short target it's 1440 or possible to reach fibonacci target 1417
This could happen if trade war US-China phase one, it's done
Comment below if you have other opinion
Like it if you Like it
Note
Support in 1466 it's strong, already be tested 1 timeNow get ready the ride to 1478
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