XAUUSD H4
We are climbing higher here on XAUUSD as expected following yesterdays analysis. We have been sat in consolidation between 1958 and 1964 for the last handful of H4 periods.
If we break above, we should see initial targets of 1980, a break of 1980 would take us up towards that $2000/oz whole number. Should we break consolidation to the downside, we simply look to place our long orders at $1940/oz and catch the same as we have just seen.
We are climbing higher here on XAUUSD as expected following yesterdays analysis. We have been sat in consolidation between 1958 and 1964 for the last handful of H4 periods.
If we break above, we should see initial targets of 1980, a break of 1980 would take us up towards that $2000/oz whole number. Should we break consolidation to the downside, we simply look to place our long orders at $1940/oz and catch the same as we have just seen.
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FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: www.instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com