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OkBoss

XAUUSD H4 Structure

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
OkBoss Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
5
0
trendanalysis harmonicpatterns chartpattern
This is the current set up for GOLD on H4

Last week we couldn't get a follow up on the bullish candle to break the 1250 weekly resistance.
Price is still ranging on the daily! We would need a break of 1310 and it could open to the downside.

I will continue to update this thread!
Trade active
Comment:
Gold nice break to the downside to far! Next Level to break is the 1320 Level support to open up to the downside.
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Let's see which direction it takes.
Trade closed: stop reached
Comment:
Trade is still active! Because of the H4 rejection! will post new Analysis soon.
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