FUNTRADER-Vera

1301 1/8 XAUUSD Bull still on weekly chart

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Techinically, gold has not showed us bear signal on weekly chart yet.
So the purple zone is a wide range that it would probably start to correct before breaking through the highest position 1350-1365.
Our last signal on gold is triggered already which is still on loss now. On this chart, gold is still bull for us. And buyers all are now targeting 1300-1360. Same as us.

A correction down to 1268 is possibile, according to this chart. So please wait for entry signal on that posiiton if you still no in yet.

Less is more!

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