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Xauusd4h

PULLBACK ON GOLD THEN WE GO LONG AGAIN Gold has shown some incredible bullish momentum. On the most recent bullish move on the 4hr we can see 1-5 impulsive bullish wave cycle till the point of resistance where price is retracing bearish. Price has the potential to reach the price level i have marked with the grey horizontal line before price moves up bullish. I will update the analysis according to how price reacts a long the way. Grey line - entry Red line - stop loss Green line - take profit Risk on trade - 1% RR - 1:2 Hit that follow button for more value :)
FX:XAUUSDLong
by Malika_Analysis