XAUUSD - 2024/08/09
Yesterday we had a nice push on Gold causing the daily candle to close very strong bullish. After a close like that we can expect a pullback to happen and only after that see the continuation higher.
On the 1h timeframe we broke the previous lower high and formed a new higher high. What I can see is that the 61% Fib levels aligns with my top 1h volume buy zone. If we get the push into the buy zone I will be looking for long opportunities.
I will update as the day goes on.
On the 1h timeframe we broke the previous lower high and formed a new higher high. What I can see is that the 61% Fib levels aligns with my top 1h volume buy zone. If we get the push into the buy zone I will be looking for long opportunities.
I will update as the day goes on.
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