XAUUSD: Temporary scalping opportunity.

Gold is consolidating on the 4H scale (RSI = 50.933, ADX = 22.695, CCI = 26.1120, Highs/Lows = 0.0000) within the 1,302.70 - 1,303.70 Support Zone and the 1,315.15 - 1,316.80 Resistance Zone. This creates a short term scalping opportunity. On the long term the bias remain bullish despite the increasing neutrality on 1D (Highs/Lows = 0.0000 but RSI, MACD still bullish) so if the Resistance Zone breaks we are expecting a quick gap fill at 1,326 followed on the medium term by a new Higher High at 1,340.






** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.
Chart PatternsCommoditiesGC1! (Gold Futures)GoldTechnical IndicatorsMetalsTrend AnalysisXAUXAUUSD
InvestingScope
Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial

免責聲明