XAUUSD 1H TF Analysis
Gold has been trending bearish to retrace the past few weeks of bullish momentum. I think price is currently in a range, but once we see either a break to the upside or downside, we can continue in that direction will market volume. This is a quick scalp idea, but based on the HTF, I think there will be more bullish momentum in the next few weeks.
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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.