OfficialKieranTrewick

XAUUSD 4HR Analysis + Potential Trade Ideas

Long
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Positive metals on the fresh weeks year open, with rising oil prices and increasing tensions across the world safe haven assets become more appealing to offsetting investors with our potential short idea invalidated for now i am now waiting for price action to reach 2075-87 before considering an entry for gold Once reaching the designated zone area I will be watching out for key volume exaustion to show potential signs of reversals with other confirmations such as overbought conditions, EMA crossovers, bearish price action and pivot OB creation along with quarter changeovers and key eco events. Then with the correct rejection off the key S+R we could catch some shorts to 2031 - 57 my projected pullback area
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