Good morning traders,
let's continue with trading in this warm (At least in Denmark) Tuesday morning.
Nothing much happened yesterday in markets as usual in Mondays without economical events coming out. Let's hope market will move more today :)
Let's take a look at XAU/USD on 4H chart. Yesterday price breakthrough key support line but almost immediately got back to other side of this support line. Was this a fake breakout and price now is looking to go up again ? It is too early to tell, we will wait and see what will price do. Gold has been really volatile in last couple of months and often moves has been hard to predict.
What are your ideas where will Gold go ?
Let us know in comment section and follow us for more exciting trading ideas :)
let's continue with trading in this warm (At least in Denmark) Tuesday morning.
Nothing much happened yesterday in markets as usual in Mondays without economical events coming out. Let's hope market will move more today :)
Let's take a look at XAU/USD on 4H chart. Yesterday price breakthrough key support line but almost immediately got back to other side of this support line. Was this a fake breakout and price now is looking to go up again ? It is too early to tell, we will wait and see what will price do. Gold has been really volatile in last couple of months and often moves has been hard to predict.
What are your ideas where will Gold go ?
Let us know in comment section and follow us for more exciting trading ideas :)
