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TheTradersAvenue
Jul 25, 2022 2:57 PM

GOLD > On-Demand Analysis for A Small Buy. Long

GoldOANDA

Description

Analysis of #GOLD


I got many requests from members and followers to do analysis for gold, you can message me here your request too.

the XAUUSD tested its weekly support zone and showed a bullish reaction as expected, still, the move is not convincing a lot of buyers to get in and buy gold, and I am favoring selling strength in this market as I have a fundamental belief that gold should be lower than thee levels.

however, if the market retests the lows near 1680 we can look for a small buy entry at the lower time frame to retest 1700-1720, and not more than that



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Comments
DeGRAM
Thank you for sharing
AtlasTrades
great lovely buddy, I think XAU/USD will go up
RLinda
THanks for sharing)
Solldy
Not the clearest technical analysis, but the description totally brought it out)
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