Gold 
XAUUSD faced strong demand in the 3940-3960 area and right now it is consolidating in the 3950-4000 range. An hourly candle closing above 4010 can push us to 4040 and 4060 respectively. I expect this move to happen on Monday or Tuesday
After that, I expect Gold to consolidate further in the 4020-4060 range after that for another push higher towards 4100.
XAUUSD faced strong demand in the 3940-3960 area and right now it is consolidating in the 3950-4000 range. An hourly candle closing above 4010 can push us to 4040 and 4060 respectively. I expect this move to happen on Monday or TuesdayAfter that, I expect Gold to consolidate further in the 4020-4060 range after that for another push higher towards 4100.
Trade active
TP1 hit, move stop to break even if you are in the tradeTrade closed: target reached
4060 hit, now wait for some consolidation between 4020 and 4060 before the push higher towards 4100
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.