VasilyTrader

Gold (XAUUSD): Bullish Outlook Explained 🟡

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Update for Gold.
As you remember, we were monitoring the reaction of the price to a key daily structure support.

It turned out that the price managed to break and close above a resistance line of a falling wedge pattern on 4H.
That is the indicator of the strength of bulls.

I will expect a bullish continuation to 1982 / 1998

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