VasilyTrader

GOLD (XAUUSD) BE PREPARED FOR BULLISH CONTINUATION

Long
FX:XAUUSD   Gold Spot / U.S. Dollar

hey traders,

finally, we see some volatility today and buying volumes are clearly accumulating.

1702 level is the last resort for sellers,
being broken to the upside it will trigger stop losses and will most likely drive the market further.

our next key historic level is 1780. this level proved its significance in 2011th and 2012th.
moreover from this level, the massive bearish rally has started 8 years ago.

+ for short term target also consider 1740.
it is a minor structure level that is also worth looking at!)

good luck!


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