XAUUSD 4H Price RangeThe price failed to hold above $1728 and currently, the $1680-1728 price level is a potential move zone.
Judging from the broader range its higher price range accumulates numerous bearish chips and price recovery looks particularly difficult.
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Earlier analysis
Toptrader
Cadjpybased on my prediction jpy currency will getting stronger while usd will getting weaker..hence can short cadjpy for 2-4weeks in order to get big catch 500pips with a very excellent Risk Reward Ratio 1:10..remember trading is about probability + calculated risk..if your accuracy is 60% combine with great RR you can grow your account exponentially..goodluck!!
XAUUSD price will be volatileThe green price range is a demand area and there should be a certain amount of short positions that will be closed to drive the price rally. I think the price level of $1715-1725 is attractive to me to establish long positions to earn profits due to price swings.
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