XAUUSD 1 Hour Long
SL 1784
TP 1801
Technical:
At Bottom of Channel
Strong Bullish Candle at Bottom
4H Bullish Trend HH HL
Fundamentals:
Traders will look for US Data on Personal Income and Personal Spending for more clear direction
Negatives:
No Divergence Found
Positive US Data will lead to XAU Weakness
SL 1784
TP 1801
Technical:
At Bottom of Channel
Strong Bullish Candle at Bottom
4H Bullish Trend HH HL
Fundamentals:
Traders will look for US Data on Personal Income and Personal Spending for more clear direction
Negatives:
No Divergence Found
Positive US Data will lead to XAU Weakness
Note
Correction TP 2 1807
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.