LearnFxJourney

10-6-2020 - Wednesday - 4H Gold - Bullish continuation

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price has shown multiples Wicks Rejection on the 4H TF with price closing as a Bullish Engulfing Indicating further bullish potential.
As of now, I would like for price to show clearer price action before deciding to take a setup.

Overall my bias is Bullish and thus I will be waiting for a clear Bullish momentum and look for its retracement for an entry.

Bias = Bullish
Structure = Uptrend
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