TaherJalili

Can Price Break / Continue This Week?

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FX:XAUUSD   黃金現貨 / 美元
Whilst price has been trending strongly higher for the bulk of this year, in recent weeks the trend has ground to a halt.

As the attached 4 hour chart shows; price is very sideways on the intraday charts.
This can be a tricky time to look for trades because inside this range is a lot of choppy price action.

The best play for conservative traders could be to wait for a breakout of these levels and to see if the trend continues which would then pave the way for long trades.


Thanks for your like and support...

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