Gold Potential H4 Break and Retest Setup

3 thg 12, 2021

H4 market structure is bearish, creating lower swing highs and lows. 1774 was a previous level of support now turned into resistance. Currently waiting for a H4 candle close to confirm a rejection on that resistance level and then wait for lower time frame confirmations for entry. Target is previous low at 1762 because we are having NFP today and I don't wanna hold through that.