XAUUSD 4H, During the US session the bulls made a strong push to the upside closing with a range of 203 pips. However, it didn't manage to close above the last daily CS high shadow of Friday's candle 1657.94. 1657.94 serves as a daily resistance for the moment. We would need a daily close above 1657.94 for the bulls to continue bullish. With the price moving up to the premium area, the 4H has created an imbalanced zone. There could be some left orders in the imbalanced zone. If the price goes back down to the area of 1645, we will look to go bullish today. The daily momentum is bullish and the 4H momentum is also bullish.
