justin217

Long or Short Present..waiting for H4 TL to break and retest!

FX:XAUUSD   Gold Spot / U.S. Dollar
69 0 1
Gold             could go long or go short on the H1 chart from the H4 analysis I have done. We are waiting for it to break either TL and RETEST for entry! If no retest, no entry! Its starting to form a tight wedge so a breakout is going to happen at some point. I have no current bias whereas the demand zone holding it up is very weak due to the 3 hits. Lets just watch price action and see. :)
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