XAU/USD
Gold has been on trading sideways, bouncing between 1864-1840.Currently looks like we have rejected the previous support. Keep in mind is Sunday night so the market tends to be slow not much movement. Currently on the 1hr candles we can see rejection the 1841.56 zone and the following candle closed above and bullish. This trade would be only valid if we can manage the next two 4hr candles to close bullish and above 1841.56. I wouldn't take this trade at least until London session opens and closure of the second 4hr candle. Which is around 5am (EST).
-NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
-NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
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