XAUUSD 4hour Analysis November 28th, 2021
Gold Neutral idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825.
From here it’s very likely price action will range for a while.
Trade scenario 2: If price action is to continue with this large bearish volume look for a lower high below 1800 to enter short on.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825.
From here it’s very likely price action will range for a while.
Trade scenario 2: If price action is to continue with this large bearish volume look for a lower high below 1800 to enter short on.