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XAUUSD Gold H4 Chart Overview and Trade Opportunities

XAUUSD Gold H4 Chart Overview and Trade Opportunities

After FOMC Statement and Powell’s press conference, USD gained weight.

I still keep my medium-term target 1382$ for Gold unchanged.

So I would like to use potential pullbacks as a selling opportunity.

Now we have two patterns on H4 Chart.

1 Bullish ABCD at 1401.58
2 Bullish Gartley at 1398

Structural Stop Loss below X 1382

Targets: 1407 1411 1414 1421

I will update.

TP3 Reached. Book partial profit.

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XAUUSD Gold H4 Chart Overview: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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