FriesianFX

XAUUSD gold 1h breakdown

OANDA:XAUUSD   Ouro/Dólar Americano
Officially into London session and into the NY Open 4h candle. We are currently just above an indecisive range where unless we get a high amount of volume, it's best to avoid taking trades as it means we can avoid being faked-out and be stuck in a trade that won't hit our TP or SL until we get a push in volume.

ideally, we clear this range and once that's done, we can take sells and expect price to re-test the range, reject it and continue down towards our target.

Updates to be posted during the day on here and on Telegram

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