Gold Spot / U.S. DollarUpdated XAUUSD
If price is able to hold the 4hr OB and we are able to see a shift of structure, then I would see some hope for potential reversals to the upside. However, the higher tf is starting to create some potential bearish structure. There will be some very volatile news around 1pm GMT so be weary.
Note
Price ended up melting.
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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.