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PrimedGroup
Feb 11, 2020 8:32 AM

Buying XAUUSD for the London Session (video follow up) Long

GoldOANDA

Description

This is a video followup to the trade idea we released not long ago which is a related post to this video.

Make sure you check them both out!

Comment

The Daily chart is still bullish as we are making higher highs and higher lows. Further to this, this is the second test in a row of the 50% of the DC and support is found.

On the 4H we are a little mixed but we are using the 61.8% as a support and that would indicate a strong bullish push.

On the 1H we are trying to form the right shoulder of a reversed H&S pattern.



Summary: I remain bullish.
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