naalde

Gold - XAUUSD to 1855?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Based on pure price action, no financial advice.



- We are still rejecting our heavy support zone at 1680, we rejected it 5 times since April 20th 2020.
- We are quite bullish on the weekly and daily chart making higher highs and higher lows.
- We received a daily bullish M pattern, we could see some bearish momentum to the 1825 region before making any longs.
- We received a daily supply and demand zone at the 1825 region.


Personally I always believed in gold as a good asset, it's only a matter of time before we hit the 2000 region again.
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