XAUUSD Analysis (29th April 2024)
XAUUSD Analysis
On the 1 hour timeframe, price action has created a 1 hour Bullish retracement.
Currently, price is in between the 1 hour low of 2326 and 2352. To get a clearer picture, I want price to break above/below these levels in order to look for potential trades.
IF price breaks above 2352, i wll be looking for a break and retest of that key level to take price to 2380.
However, if price breaks below 2326, i will be looking for active sells to target the 2292 level.
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