musclemilk0075

XAU / USD 4 Hour Chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders. Taking a look at the 4 hour chart, I have marked my areas of interest for both scalp buy and sell trade set ups. Lower time frame confirmation, as well as time of day, what trading session, high impact news.... these are all factors I consider when taking a trade. I will do some lower time frame analysis as we get into the day here in the US. Pre NY trading volume starts in 2 hours or so from now. ( 7:20 am EST in the US... UTC-5 ) Big G gets a shout out. Let's see how things play out. I caught 300 pips or so yesterday alone. What an amazing day, week, month and year. Very thankful.
Comment:
IF 2201.83 can hold as support, i may scalp buy for a push up. But it is probably better to wait for a break out or a good push down to like 2085 area for a potential long entry. Let's see what the NY open brings in a few minutes.

Pip Whisperer
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