Buying XAUUSD for the London Session (video follow up)

This is a video followup to the trade idea we released not long ago which is a related post to this video.

Make sure you check them both out!

Kommentar:

The Daily chart is still bullish as we are making higher highs and higher lows. Further to this, this is the second test in a row of the 50% of the DC and support is found.

On the 4H we are a little mixed but we are using the 61.8% as a support and that would indicate a strong bullish push.

On the 1H we are trying to form the right shoulder of a reversed H&S pattern.

Summary: I remain bullish.