XAUUSD Analysis - HTF Long bias with LTF scalp opportunities
Hi Traders,
It's been a while but I'm back version 2.0.
Just a short video breaking down the gold market from the daily to the 15mins timeframe. On the daily, its clear that price is currently sitting in an accumulation range where we could see further bullish expansion from in the coming days ahead.
On the 4hrs and 1hrs, the market is very clearly accumulating but we could see a bearish move towards 2494.00 later today. One could scalp towards this level or wait for the longer term bullish run that could take place from below this low.
Always happy to answer questions so please leave a comment below if you found this helpful or have a contrarian viewpoint.
Happy trading
It's been a while but I'm back version 2.0.
Just a short video breaking down the gold market from the daily to the 15mins timeframe. On the daily, its clear that price is currently sitting in an accumulation range where we could see further bullish expansion from in the coming days ahead.
On the 4hrs and 1hrs, the market is very clearly accumulating but we could see a bearish move towards 2494.00 later today. One could scalp towards this level or wait for the longer term bullish run that could take place from below this low.
Always happy to answer questions so please leave a comment below if you found this helpful or have a contrarian viewpoint.
Happy trading
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