Gold (XAUUSD): Important Zone to Watch 🟡

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Lines Elliott Wave Supply and Demand Gold XAUUSD goldtrading goldlong goldtradingstrategy goldanalysis goldsignals Contains image

trendline elliottwaves supplyanddemand gold xauusd goldtrading goldlong goldtradingstrategy goldanalysis goldsignals containsimage

snapshot

Gold is trading in a bullish trend on a daily.
The market is currently approaching a wide contracting demand zone.
The underlined blue area is based on a major rising trend line and a horizontal structure.

I will expect a bullish reaction from that next week, at least to 2045.

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