EricNguru

Overall Bullish with high possible retracements

Long
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
We are looking at a bullish trend in m30,H1, and H4 timeframes. Drawing insight from a drop in the DXY, gold will likely gain and we'll likely see price go to the 2000s again. Ny key pivot point is at 1992 as illustrated. All the best!
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.