TradingView
justin217
Sep 19, 2016 12:00 PM

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

Gold/U.S. DollarFXCM

Description

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. :)
More