XAUUSD H4 TIMEFRAME
My overall analysis on XAUUSD.
Gold is respecting zones perfectly. I am waiting for price to remain bullish, range, then drop (bearish).
Did both buy and sell setups just incase of what occurs at the inauguration tomorrow.
If price breaks structure (purple line), I will look for buys. If price breaks rectangle box, and also green line(1863.61), I will WAIT for retracement, then buy Gold.
REMINDER: Always take Profit/Partial Profit for TP1. Price usually retraces then comes back to zone.
Gold is respecting zones perfectly. I am waiting for price to remain bullish, range, then drop (bearish).
Did both buy and sell setups just incase of what occurs at the inauguration tomorrow.
If price breaks structure (purple line), I will look for buys. If price breaks rectangle box, and also green line(1863.61), I will WAIT for retracement, then buy Gold.
REMINDER: Always take Profit/Partial Profit for TP1. Price usually retraces then comes back to zone.