OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is bullish on the long-term outlook. The bulls are yet to surrender to the bears in the Gold market. In other words Gold remains under the control of the bulls. Last week, the Gold movement was within the resistance level of $1,845 and the support level of $1,813. The sellers dominated the market on May 12 with the strong momentum to break down the support level of $1,813 but the bulls interrupted the movement and the price retests the resistance level of $1,845. there will be buying opportunities if we break $1845 the next target level would be $1875

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