AlexHorn
Long

Gold Week #29 Outlook

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Let's see..

... Gold consolidating within a well defined ascending triangle - CHECK!
...above 100MA (4H) with a bullish upward trajectory - CHECK!
... RSI (4H) above "50" with a bullish upward trajectory - CHECK!
... DXY having a hard time probably enduring a rather prolonged/deeper/correction - 2 b confirmed!
...general bullish fundamental background ("geo- & monetary politics"/uncertainties) - DOUBLE-CHECK!!

We may be in for another GOLDEN RALLYE WEEK - so let's hop on it!

:D
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