XAUUSD - 4H levels

14 Şub 2021

4H:

Now we’re starting to get a clearer picture.

There’s a zone above that looks like it hold liquidity. It wouldn’t surprice us if we get a move up towards this level to get some buyers in before a move lower. We’re still playing short on this. We have an entry that is in profit and safe which we’re thinking we’ll close on open based on a small move upwards over Monday.

Our immediate target is 1810 so we’re looking for another entry to target this level. A bounce there and we’ll take a long for the liquidity box up towards 1845-55.

Resistance: 1830

Support: 1810