Gold(XAU/USD) Potential Buy setup

Based on the structure we see price respecting the monthly and weekly support level with break of structure to upside in lower timeframe like H4 and H1, we see a clear nice momentum to upside and nice volume in new york session, so we expect price to continue up.

To get a clear entry try to look bullish variation candlestick in lower timeframe before placing an try with nice volume.


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Chart PatternsdaytradingForexGoldmarketstructuremoving_averagestructureTrend AnalysisWave AnalysisXAUUSD

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