Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Gold is looking very bullish on the 4hour and just made an attempt to break 1800.00 which is moments from confirming. How price action reacts now will determine where we go for the week ahead.
Ideally we see some strong bullish setups right now and continue higher into 1825.00
Trade scenario 2: For us to consider gold bearish again we need to see some strong lower highs below 1800.00
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Gold is looking very bullish on the 4hour and just made an attempt to break 1800.00 which is moments from confirming. How price action reacts now will determine where we go for the week ahead.
Ideally we see some strong bullish setups right now and continue higher into 1825.00
Trade scenario 2: For us to consider gold bearish again we need to see some strong lower highs below 1800.00