OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my overall view about gold for the upcoming weeks and months. The price just made a perfect retest to the previous resistance which is now turned into support in that area and we do expect a bounce back after a bit of accumulation. keep in mind this is a weekly chart so a little bit lower scenario is on the table but at the end due to high inflation and current geopolitical issues gold will skyrocket.
Comment:
stops bellow 1750

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.