Trade scenario 1: Overall we are very on gold but we’re seeing a bit of ranging on the 4hour timeframe. Ideally we want to see a reversal at support followed by a break of this range.
Look for a higher low above 1893.50 with setups before entering long.
Trade scenario 2: For us to consider gold we need to see a break of this range and our key around 1875.00.
Look to enter short after we can confirm a lower high below 1875.00