I posted this analysis on Saturday for Today's Bullish entry on Gold
- Gold is generally Bullish till the Daily Low created is taken.
- The 4H high has been taken giving us a bullish CHOCH on HTF (HTF CH) creating a new current high then price reversed to 70% of the range giving us a new current low.
- XAUUSD is expected to take the current low come Monday, taking liquidity below it before buying.
- Best entry price area = 2011 to 2013
- this outlook will be invalidated should price decide to take the 4H low.
Note
ACTIVATED - Lets see what Gold would Do
Note
Hopefully, the announcement by FOMC Member Berkin in the next 26 minutes would help push price higher.
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