XAUUSD 4hour Analysis September 19th, 2021
Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800.
We also will consider short scenarios if we see a major break of support at 1740.
Trade scenario 2: For us to consider Gold bullish again we would first need to see a break back above 1800
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800.
We also will consider short scenarios if we see a major break of support at 1740.
Trade scenario 2: For us to consider Gold bullish again we would first need to see a break back above 1800