$GOLD / #Gold | 4H Commodity Trade Setup Update ● Current Status: GOLD has surpassed value area high
1 year ago
2
$GOLD / #Gold | 4H Commodity Trade Setup Update
● Current Status: GOLD has surpassed the value area high and is receiving support from the bullish 200 moving average, despite declining momentum.
● Technical Indicators: The potential upward movement is backed by increasing money flow and VWAP.
● Outlook: Traders are advised to exercise caution and monitor for signs of sustained upward momentum to confirm the potential uptrend, given the supportive technical indicators despite the decrease in momentum.
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