If gold closes below 1860.11 on D1 candle, then we can go short to the next support. Don't forget to pay attention to key US fundamentals that can cause candle spikes.
4H Chart. Support is being tested. Exercise caution for the following Reasons.
1. US Federal Reserve remain indecisive on interest rates.
2. Racial unrest currently ongoing in the US.
3. Many bears currently holding on to their positions as some are yet to flee wall street.
4. NFP news comes out on Friday and trust trades to act on the forecast before the actual...
Looks like an official breakout rather than a fake out. Bull wait for a pull back before entering. The US economy is shaky because of the current unrest.