mdr300896

XAUUSD 4H 24/04/2023

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently, on the 4-hour timeframe, we are in a bearish range that ranges from 2011.890 to 1969.305, with the liquidity point of the range being at 1969.305. Thus, we can look for a reaction in the zone of 2008.415 to 2002.275 to enter a possible short if we have the confirmation we seek for such operations. Alternatively, we can descend to lower timeframes to see the new ranges being created and attempt to position ourselves accordingly.
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