XAUUSD 4hour Analysis March 27th, 2021

Gold Long idea

Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: Gold is still looking bullish and is technically mid trade. To continue long look for structure forming higher lows up to our 2000.000 resistance area.

Trade scenario 2: For us to consider Gold bearish again we would need to see a lower high below 1930.00
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