CeylonBull

Gold short term trade looking at 4H timeframe

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is on a short term rally to the upside and the next most important area would be 1956 - 1962. I would be on a buy trade at the moment since all lower time frames show bullish trend and higher time frames like 1h 4h or daily has crossed RSI 50 upwards so most likely to continue until its over bought. My advise just set your TP below the chaos area with lot of volume (1957 would be perfect)

Good luck!
Happy Trading Guys

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