From a bullish perspective on the 4HR, Currently have a break of structure and looking for price to retest and continue its buy up to retest 163.47 area. Id like to see price give us a deeper retracement and mitigating the imbalance. From a bearish bias we could potentially see price swiping the lows below structure and giving us that continuation to the down side...
Looking for XAUUSD to continue its bullish momentum. Taking out the highs and pushing higher. However if price breaks below taking out the lows we can look for Gold to sell off for a deeper retracement, to midigate lower levels.
Looking for a slight buy back to the upside. I want to see price hold at 33429 and create some consolidation and reject back down swiping out the lows for a continuation to the downside. Continuing its bearish movements. However, If price breaks above that level ill wait for price to confirm and then I can look to go long and buy to my next supply area.
