XAUUSD, still seems bullish

1 Ağu 2020

It seems like it consolidates a little bit in this area, it seems bullish, especially if it pops above the high with a nice candle, near solid full green, but it also could be a pop and trap then going back into the consolidation, and also if it does get back into the consolidation and then break above again that could be a really bullish sign. So as of now, I think it is best to be patient and wait for a nice solid bar above the recent high and see if it holds, with a stop loss below the candle.