Gold Spot / U.S. DollarUpdated XAUUSD 4H Chart - Possible Setups
Careful, we are in a consolidation phase.
If the price break the resistance, we expect that resistance become a support then an uptrend will start.
But if the price does not break the resistance so we are looking for a sell oportunities.
(more info in chart)
If the price break the resistance, we expect that resistance become a support then an uptrend will start.
But if the price does not break the resistance so we are looking for a sell oportunities.
(more info in chart)
Note
Blue scenario almost complete
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Related publications
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.