XAUUSD Daily analysis, 19 AUG 2024.
15M: 
- The price could continue to be bullish, and the new INT bullish leg from this area could be started if it confirms that we can play longs targeting the previous highs.
(A) Scenario.
- The price could pullback deeper and take out this INT low to facilitate the 15M swing and 4H INT pullback.
(B) Scenario.
- The price could continue to be bullish, and the new INT bullish leg from this area could be started if it confirms that we can play longs targeting the previous highs.
(A) Scenario.
- The price could pullback deeper and take out this INT low to facilitate the 15M swing and 4H INT pullback.
(B) Scenario.
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.