XAUUSD Next Week! (8th of April - 12th of April)
Updated
The bullish continuation was expected this week. We created a new HHs on the H4 timeframe, and we created a new ATHs. The key H4 support levels are held the selling pressure, one got broken in the Asian session, which was expected, but bounced back off from the previous one. The major time frames are still bullish(Weekly, Daily, H4) iam expecting the continuation. Have to be carefull with the sells, if you are looking for them. Remember trend is your friend! What iam looking for personally this week is a pullback to the H4 previous high, potentially lower to fill the gap lying between 2296 and 2320. Of course the price can push even more higher, and there is a potential that this gaps can left behind easily for now. This is why iam not really interested in the pullbacks. Yes, i do trade them but carefully with good risk management.
Hope it helps guys, have a safe trading everyone!
Hope it helps guys, have a safe trading everyone!
Note
We hit the previous high and the market just opened. Wow. Made a quick 1 to 1 with the sells. Huge week ahead guys!Trade closed: target reached
Wow. It played out to the PERFECTION by monday morning. I did not expected it this fast.
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