xauusd h4 xabcd best level to buy/hold bulls

🔸Hello traders, today let's review the 4 hour chart for gold. Recently solid gains and we
re-tested the ATH, however right now expecting short-term pullback to re-test 1950 USD.

🔸Setup is based on speculative XABCD structure, point X at 1944, point A and 2041,
point B at 1982, point C at 2055 and finally point D/PRZ at 1950 USD.

🔸recommended strategy bulls: wait for pullback to complete near point D and reload
buy/hold setup, conservative TP is 2045 USD, stop loss below point X (1940 USD).
this is a swing trade setup, so time required before we can hit the target. good luck!

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