Dear Traders,
Simple 4-HR price action tells me that gold is still bullish for now and a closure above the previous high of 1824.5 zone will confirm a bullish continuation after today's daily candle closure.
This might just open the gate for 1875-1878 zone but would like to see how price will react to the next key level at 1833-1841 area. This zone looks like the next target unless some fundamental events happen in the market today.
Trade with proper risk management.
Simple 4-HR price action tells me that gold is still bullish for now and a closure above the previous high of 1824.5 zone will confirm a bullish continuation after today's daily candle closure.
This might just open the gate for 1875-1878 zone but would like to see how price will react to the next key level at 1833-1841 area. This zone looks like the next target unless some fundamental events happen in the market today.
Trade with proper risk management.
FINSPOT ACADEMY