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XAUUSD 4hour Analysis October 31st, 2021

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
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FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals priceaction Gold XAUUSD forexleague
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trendanalysis chartpattern indicator forex forexsignals priceaction gold xauusd forexleague
Gold Bullish idea

Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: Gold is on the move! We just dropped below 1800 again and now we’re looking for a lower high to confirm below before entering short.

Trade scenario 2: For us to consider gold bullish we would need a break back above 1800 with a confirmed higher low.
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