XAU/USD 1H - This market is still showing signs of bullishness which is fine as we can still look to take part in some long positions. If you watched the video I posted yesterday you will have seen that I provided some key zones.
Price has respected those areas in price and has delivered us with some new bull runs so the possibility of getting involved in some long trades was given just yesterday.
You will see I have gone ahead and provided a second zone now that price has just traded into and reacted well from I would like to see the same thing happen here, I would love to see price trade us higher in the market from this zone.
We should only be looking for long opportunities in this market whilst its still showing bullish signs, the second it gives confluence for bearishness is when I will be looking to take this market short for the correction.
Price has respected those areas in price and has delivered us with some new bull runs so the possibility of getting involved in some long trades was given just yesterday.
You will see I have gone ahead and provided a second zone now that price has just traded into and reacted well from I would like to see the same thing happen here, I would love to see price trade us higher in the market from this zone.
We should only be looking for long opportunities in this market whilst its still showing bullish signs, the second it gives confluence for bearishness is when I will be looking to take this market short for the correction.
