gold buy (long) idea

gold have been bullish since past January , price kept on pumping and printing new highs at 1806 - 1813 - 1822 - 1840 - 1863 - 1878 and 1910 and fundamentally that's due to :

no interest rate hike .
high US inflation .
and now with the geopolitical issue between Russia and Ukraine gold touched 1910 ( a strong supply zone ) and correcting back to 1890 . with tension getting hotter and hotter gold is likely to stay bullish.

I can see gold pumping again from current prices ( 1893 ) or for a possible deeper correction toward 1870 level before the pump .

Gold bullish target is at 1910 ( the demand zone ) and a break above it can take it to new farther target mostly to 1960 .

GOLD is BULLISH both technically and fundamentally .

If you like the idea please make sure to press the like button and to leave a comment bellow it would be of help to the channel and i'd appreciate it , if you are a new around here please do follow me so you don't miss any future updates/analysis .

this being said I wish you a profitable week see you in the next update .

Comment:

like I mentioned that we might see a pump from the actual price and that' what happened , a direct pump of 80 pips .