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18-5-2020 - 4H Gold - Monday Analysis

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OANDA:XAUUSD   Ouro/Dólar Americano
Price has been very Bullish since last week as it has just broken out of a Triangle formation and continues to form HH and HL. Following today's Asian open, price has continue to edge higher 1760 level and has been consolidating around this region since London's Open.

I'll be expecting further corrective move as the price is very extended IMO.

Bias = Bullish
Structure = Trending Bullishly, Expecting strong Correction
Setup = No
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