Zenoh

XAUUSD; WILL 1975 HOLD?| BULLISH!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
HELLO TRADERS
Before we talk about XAUUSD lets first take a look at gold & silver index XAU
XAU has been bullish and currently retesting a strong resistance and we expect a continuation higher on the open hence we are bullish gold
(see XAU chart below) XAUUSD has been very bullish for months and currently retesting a strong resistance of 1975 that has been tested and rejected at many times and we expect a continuation on the retest of 1975 with our targets @ 2010,
target 2 @ 2047 &
target 3 @ 2075
BREAK BELOW 1960 WILL INVALIDATE THIS IDEA
GOOD LUCK

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.