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Aug 21, 2020 10:04 AM

Gold H4 - Short Setup Short

Gold/U.S. DollarFXCM

Description

Gold H4 - Mixed signals from gold at the moment, currently consolidating after a nice selloff on our H4 support region (H&S we marked y'day). We have had a couple of attempts to push higher, but seems we have formed a consolidation range (effectively our flag). Waiting to see if we crack below this 1928 region to set new lows and break support, from here on the retest of 1928 we could look to jump in short.
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