If you mean Gold XAU/USD, the current picture is slightly bullish, but very volatile.
Current: around $4,390–$4,400/oz.
Bullish trigger: a clean break above $4,415–$4,450 could open the way toward $4,500.
Bearish trigger: if price breaks below $4,340, downside toward $4,315–$4,300 becomes more likely.
Important: U.S. PPI and CPI this week can cause a sharp move in gold.
My short-term bias: 🟢 BUY above $4,415 after confirmation; 🔴 SELL below $4,340 after confirmation. Don't enter just because of one candle.
If you send me your XAU/USD chart (5M/15M/1H), I can mark the entry, SL and TP levels for you.
#GOLD_UPDATE
Current: around $4,390–$4,400/oz.
Bullish trigger: a clean break above $4,415–$4,450 could open the way toward $4,500.
Bearish trigger: if price breaks below $4,340, downside toward $4,315–$4,300 becomes more likely.
Important: U.S. PPI and CPI this week can cause a sharp move in gold.
My short-term bias: 🟢 BUY above $4,415 after confirmation; 🔴 SELL below $4,340 after confirmation. Don't enter just because of one candle.
If you send me your XAU/USD chart (5M/15M/1H), I can mark the entry, SL and TP levels for you.
#GOLD_UPDATE
