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mdr300896
Apr 21, 2023 1:58 PM

XAUUSD 4H 21/04/2023 Short

GoldOANDA

Description

Currently, in the 4-hour timeframe, we are in a bearish range that is bounded between 2011.826 and 1969.459. The price mitigated the zone between 2008.255 and 2002.040 by absorbing the zone and giving a continuation reaction to liquidate the next logical liquidity target within the range, which would be 1969.999. We could attempt to follow the new bearish ranges on lower timeframes.
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