FriesianFX

XAUUSD Gold buy idea 4h breakdown

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is why I love and talk about price action so much. Gold has given us an absolute gift of a level with such a repetitive history it would be foolish to not take note!

The white circles highlight areas where the 4h candle has closed above the level and pushed up towards 1967. If we can see a 4h candle close above this level, move down to grab liquidity with a wick and then move back up I will absolutely be taking buys here make no mistake about it. Probability is strongly in our favour.

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