XAUUSD 4H Idea 8 Jun 2020

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD stuck between recent supply and demand zones
gold reaction to 1695 is key: .236 fib (pink), trendline , and 14 EMA (4H) (orange)
sell on rejection: failure to capitalise on recent events and technical formations may suggest start of a downtrend, however wait for signals and execute accordingly


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