XAUUSD short - Supply Demand - h4 - UPDATE - What now?

14. Mai 2020

Hello Traders!

First thank you for the engagement on the last Gold analysis. I really appreciate that. Now let's continue with the UPDATE.

Quick Update on Gold. We could see price moving up. It broke our Supply Zone. Also we can draw here a nice Trend Channel.

Now we need to wait for the h4 close below the Resistance. If we will got that close and this candle also could indicate us bearish pressure then I am going to sell it till the Trend Line of the Triangel. This is a nice amount of pips that we could get.

I will update here the price action confirmation. So stay tuned.

From there we will have the possibility to buy Gold. I will give new updates tomorrow.

What can we expect:


That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

15. Mai 2020

Anmerkung

15. Mai 2020

Anmerkung

Looks like nothing can stop gold.

We had no price action confirmation to short.

But also no Price Action confirmation to buy

So no trade opportunity so far.

I will give on Sunday a new Update on Gold but for me it looks like we are going to hit 1800

15. Mai 2020

Anmerkung