XAUUSD H4 - Long Signal

XAUUSD H4

We are climbing higher here on XAUUSD as expected following yesterdays analysis. We have been sat in consolidation between 1958 and 1964 for the last handful of H4 periods.

If we break above, we should see initial targets of 1980, a break of 1980 would take us up towards that 22000/OZ whole number. Should we break consolidation to the downside, we simply look to place our long orders at 11940/OZ and catch the same as we have just seen.
BIDbuyChart PatternsLONGTrend AnalysisUSDXAUXAUUSD

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