XAUUSD, H4Price recovered hard on the 4H chart after gold plunged back to support in the high $1700s. Big levels of support lie below the candle as well as huge resistance with that falling long term trend line. This metal is showing some bullish signs after breaking above $1800 that maybe price wants test the trend line once again. Either way, this higher low, if sustained, will be a good sign for gold bulls.
- Frank
