Based on the latest COT sentiment, big institutions are still inclined to long contracts, they change the long to take profit on the long contract and add to the short contract.
So it can be concluded, For the next few hours - days I predict the possibility that gold will be bullish down to:
1830 - 1820
this area is the key whether the price will rebound or breakout to fall deeper.
if it rebounds. the bullish target is 1905
if the support area breaks out. bearish target is 1725
this is my XAUUSD trading plan, how about you?
XAUUSD H4 - 25th APRIL 2022
So it can be concluded, For the next few hours - days I predict the possibility that gold will be bullish down to:
1830 - 1820
this area is the key whether the price will rebound or breakout to fall deeper.
if it rebounds. the bullish target is 1905
if the support area breaks out. bearish target is 1725
this is my XAUUSD trading plan, how about you?
XAUUSD H4 - 25th APRIL 2022
