YourLazyTrader

Gold 4H Chart Analysis: May reach 1920

Long
YourLazyTrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
After last week's sell-off in Gold, price appears to be recovering now.
Last week's sell-off was primarily driven by a strong USD.

However, USD appears to be losing some strength and that has led to a
recovery in the price of Gold.

At this current rate, it seems like Gold will go back above 1900 and even 1920
very soon.
Trade closed: target reached:
Reached 1920
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.