It looks like a Lower High has been created on the H4 chart.
Watch the red trend line. H4 candle close above will indicate gold is likely to go higher to the 1880 zone.
Our expectation is for the price to drop lower towards the 1837-1830 zone. However, this will be negated if the new lower high is taken out.
Watch the red trend line. H4 candle close above will indicate gold is likely to go higher to the 1880 zone.
Our expectation is for the price to drop lower towards the 1837-1830 zone. However, this will be negated if the new lower high is taken out.