theTrendtradr

Gold Chart Update: Weekly Buy Signal Hit

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold hit a weekly buy fractal without trading back into the balance zone. That means it didn't really want to breath, instead the pressure to go higher seems to be extensive, a weekly close above the breakout fractal level as we're seeing right now supports that. Just like in Silver, this market seems to establish a new overall uptrend.

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