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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VANGUARDFX Capital
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.
- 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.
If you enjoyed this trade idea, please support our work with a thumb up and don’t forget to follow our social media handles!
Cheers
VANGUARDFX Capital
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.