TradingView
ForexLeague
Nov 15, 2020 11:48 PM

XAUUSD 4hour Analysis November 15th, 2020 Long

GOLD / U.S. DOLLARICE

Description

Gold Long idea

Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish

Trade scenario 1: Price action has been stuck in a range recently but looks to be favoring a bullish bias on this timeframe. Look to enter long after seeing a higher low form above 1885.00. Target toward key resistance around 1930.00

Trade scenario 2: Price action goes bearish. Wait for a break and retest with a confirmed lower high below 1875.00 at least. Target lower toward key support levels.
Comments
Saeed966
Good job
More