#TradeIdea All eyes on XAUUSD! On the H4, XAUUSD is n | FBS Analytics
#TradeIdea All eyes on XAUUSD!
On the H4, XAUUSD is near the trend line after a severe decline and is testing the substantial support area of 2017. In this case, two scenarios are possible for gold:
If the price bounces off the trend line and the 2017 support, it will increase to 2052 or even 2070. However, if gold breaks below the trend line, it will rush to the 1975 level.
What do you think the XAUUSD is bullish or bearish today? Share your opinion in the comments!
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