XAUUSD (GOLD) 4hour Analysis 4/5/20

227
Gold Long Idea

Gold is still holding this 4hour bullish trend and all significant timeframes are very bullish as well.

To get in a high probability trade we would like to see broken structure at 1596.00 tested as resistance followed by strong bullish setups

Once we have the confirmation with a great risk to reward we can target toward our 0% fib level and potentially higher toward 1675.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.