Trade_Simple_FX

XAUUSD H4 - Long Signal

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
🥇XAUUSD 4

Our first swing entry from that $1940/oz was perfect. We saw a solid 200 pip rally up towards that $1960/oz price where we started to exhaust somewhat. We are now looking to see if we can catch that next bullish leg.

No confirmation as of yet, but on the basis of the DXY performance, correlating XAUUSD with the likes of GBPUSD, we could expect $1959/oz to hold as support and catch longs.

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