Gold Spot / U.S. DollarUpdated Are we expecting more bullish in Gold?
This has already built an hourly top at a strong H4 level. Gold could be breaking above with that dynamic, we also have order volume below, which we do not know if gold is still interested in. At least the last order block should be reached by tonight or beginning of next week, even if gold wants to break further above.
It could also be reversing until CAD and USD News and climb back up afterwards.
If it corrects, we could see a new floor at the H4 zone around 2348.
It could also be reversing until CAD and USD News and climb back up afterwards.
If it corrects, we could see a new floor at the H4 zone around 2348.
Note
starting the day with a small scalpNote
Note
Sometimes a fast TP is all we need to start the day :)
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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.