Hello Traders,
Let’s hit the charts
1. XAU/USD (GOLD)
Gold seems promising if you ask me.
Gold has had a bullish run for months now. For close to two weeks, price has been indecisive. Ranging between 1519.32 and 1550.64.
On the 4 hours chart, the breakout seen could herald the beginning of another bullish move.
If the breakout is confirmed, 1590.49 may most likely be the next possible resistance level we should be looking at.
Meaning, we could be looking at a potential +380 plus pip move before the week runs out.
Alright ladies and gents, that’s all we have for Thursday, trade safe and as always
Remain Pip-full
