Gold 4 hour : gold next target is fibo 61% 1950 if big news not come , technicaly AC indicator on daily chart turn green now gold have buy now to fibo 61% then fibo 161% near 2100
in bad scenario if gold break low ,can go down to 1840(buylimit place) but again will start + up trend to near 1950
if you have sell you must close sell now near 1896 (or hedge it) and pick buy now
if you have buy , dont fear ,main trend is + up to 1950 ( alert = if news comes and gold break low , you must put SL in low )
good luck , dont open big size , stand on very very low size with SL in low and big TP
ALERT= BREAK RED TREND LINE IS POWERFUL BUY SIGNAL CAN SHOOT GOLD TO 2100 so be careful from sell , 100% put sl and never remove it ( selk on gold is very very dangrous , it love go up )
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Goldfut
what fund manager pro trader see now on weekly chart ,you can see flag pattern break ,technical and wee predict gold going to 2400-2500$ in next 6 month so be carefull ,gold can start go up 500$ witout pullback(dont allow you close sell ) this happend in july 2020
in comming week ,next days we predict gold little go down to 1850 or 1800 (buy place) rthen will start powerfull trend to 1920 then 2000 so dont pick sell signals,looking buy in deep,buystop on last high or when gold break trend to up,inter buy
100% monitor AC indicator on daily and 1 hour chart (if your trade platform dont have Bill Williams accelator ,use stochastic 7.4.4 instead)
to see daily analyse,in morning before start trade ,check last analyse on XAUUSD
Good luck dont forget put sl in low/high,eat SL is part of this game