Forex48_TradingAcademy

XAUUSD 2 Entries BOX and US news!

Long
OANDA:XAUUSD   Złoto / Dolar USA
Today we have important data on the dollar, which could significantly impact gold. I've identified two potential zones where I'll be looking for an entry for a long trade. The first one is between 1935-1937, and the second one is 1914-1924. Both of these are areas identified after structural breakouts on the H4 chart, meaning the market broke through swing highs and formed these boxes for potential rebounds before continuing upward. Just a reminder to everyone that I'll only be seeking market entry during the first hour of the American session, I will search to identify structural changes within these boxes. Please let me know your thoughts, comment, and leave a like. Appreciate the support for our work.

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