📈XAUUSD analysis 4H, 📉
Updated
XAUUSD XAUUSD - Gold analytical series, First day of the week.
- Hello Traders, please check out my previous ideas.
- If the price breaks above the midline or stabilizes above the 1896, the bullish scenario will be activated, and price can test daily Bollinger midline.
- Targets are shown on the chart.
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Trade closed: target reached
1902 reached.✌Note
If the price stabilizes at the level of 1896, a bullish scenario will occur. But more likely, the price will go below the level of around $1883-1886 and then after stabilization, it will start an upward movement.✍🐱👤
Note
as we said the bullish scenario starts at the level of 1898$.✍
Due to the PMI in other countries, gold can complete the bullish scenario and then wait for the US PMI.💥
Be sure to make your positions risk-free.✌
Note
1910$ reached.✌
Note
a risky analysis
if the us pmi increases, xauusd can touch 1903 then 1883 level.✍🐱👤
Note
PMI decreases to 47. if XAUUSD stabilizes above the 1910-1915, price can reach 1920 then 1930 level.
Note
1920 reached✌If the price stays above the $1915 level, the bullish scenario can continue to higher levels.
If the price drops to the level of 1911 dollars, the bearish scenario will continue until around 1904 (marked yellow area), then 1897 and then 1890.
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🍀Ride this journey with us🥂
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