XAUUSD: Pull Back Phase!! SCALP Idea

Hello, everybody and welcome to VANGUARDFX Capital , today we are going to look at XAUUSD,

- XAUUSD broke 4H structure at 1757
- I am expecting it to re-test broken structure, I expect a pullback to 1752.5 - 1757 upper structure
- After which it can come back to 1737.5
- Overall gold is in a temporary pullback phase and is not bullish as yet, we still have feds hiking rates which means Gold on the HTF is bearish.


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DISCLAIMER
Please note the views are not investment advice and should be used only for educational purposes.
Always apply proper risk management, plan each trade and place your Stop Loss.