ashishdaware

GOLD PREDICTIONS FOR LONG TERM

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Prediction for #XAUUSD
Timeframe “D or H4”

Due to the current level of XAUUSD has made a Buy breakout on timeframe D1, so I think the trend for this pair is still Bullish Trend.

The pair has also rejected the level of 1758.37 which is a potential level for XAUUSD to continue rising. The level can also be supported through the Trendline confluence. It is likely that this pair will continue its rise looking for the next high.
In H4 Timeframe chart Show Flag Pattern
Gold Creates New bullish pole same as last pole size
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.