XAUUSD 4H ANALYSIS - TRADE IDEA

If we look at XAUUSD we can clearly see gold is in downtrend but anytime we can expect some correction

According to my setup , gold is aiming for 1809 and 1814 but before reaching that level we can expect some retracement because on 4H chart there is a divergence on AO which shows a sign for the reversal

Retracement levels
1833 ,1839

Trading is not about prediction so targets may change at anytime so always have backup plan to react smartly

Note :This is my personal opinion, do not take it as financial advise to react smartly.

Comentarios:

1814 done while i am posting idea

Comentarios:

1809 DONE