XAU: Good Scalping Opportunity for GOLD (2-5%)

Gold has established two different supports on the smaller time frame (4H). After breaking out of the immediate trend line, we can see some opportunities for trading a quick scalp for the intraday traders.

We believe the current setup from the time of writing is anywhere between 2% as a conservative exit, or a 5% hard target at ATH levels.

Trade Safe.

X Force.