XAUUSD 23/4/21
Potential long Intra day move
Reasons to go long
Daily tf: price is in a strong bullish trend looking
for buys respecting levels of support and
resistance
H4: price is giving me higher highs and higher
Lows currently rejected the .618 fib level could be
the new higher low
H1: price broke structure to the upside broke
A strong S/R level on the daily and H4 tf
Lower high points and the 20SMA it
Respected then 50SMA looking for price to retest
broken resistance to take it long
Reasons to go long
Daily tf: price is in a strong bullish trend looking
for buys respecting levels of support and
resistance
H4: price is giving me higher highs and higher
Lows currently rejected the .618 fib level could be
the new higher low
H1: price broke structure to the upside broke
A strong S/R level on the daily and H4 tf
Lower high points and the 20SMA it
Respected then 50SMA looking for price to retest
broken resistance to take it long
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