Gold has already shifted to a bullish market structure on the H1 timeframe. We are now waiting for H4 confirmation. If the H4 momentum candle closes above 4589.580, the H4 structure will also turn bullish. In that case, we can expect further upside movement in Gold.
For now, Gold remains bullish on H1, so we will focus on buying opportunities. I currently have two buy trade setups planned.
For now, Gold remains bullish on H1, so we will focus on buying opportunities. I currently have two buy trade setups planned.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.