Gold GOLD PRO WEEKLY, November 14 - 18, 2022

[Andreas72s]

Good morning Traders,
if gold wants to keep a bullish context on intraday chart (1H), next swing could be something like this.... keep in mind that daily and weekly chart trend is still bearish...
All the best!
Andreas

View attachment 80979

Hi everyone!
As Sive said, the price reached 1.757$, but at the same time the reaction looks just a bit flat (choppy), so I can't rule out a wave 4 breakout yet. If that happens the price action should approach around 1.740$. In conclusion, I am flat at the moment, and will try some scalps if a clear reaction appear..... don't forget that today is Friday!!
Andreas