XAUUSD 4hour Analysis September 6th, 2020
Gold Long idea
Overall, gold is extremely bullish and we are looking to continue with that trend.
At the current level we can identify one high probability trade scenario. Ideally we want to see a confirmed transition and break of this descending triangle.
Look to enter on strong bullish setups confirming a higher low above the pattern.
Target higher toward key resistance and negative fib levels.
Overall, gold is extremely bullish and we are looking to continue with that trend.
At the current level we can identify one high probability trade scenario. Ideally we want to see a confirmed transition and break of this descending triangle.
Look to enter on strong bullish setups confirming a higher low above the pattern.
Target higher toward key resistance and negative fib levels.