tziontraders

XAUUSD looks bullish in the coming days.

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
With a slight downtrend in the past days the blue trend line on the price chart shows a sell market however, we see an increased volume on a sell candle followed by decreasing volume on further selling shows buying power.(follow the blue trend lines on chart). The market currently looks like it could be going towards the 1875 levels in the short term.
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.