wickywicks

GOLD, Ready for another SHOOT...?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is trapped in symmetric channel since
2020 and we can expect something more of
bullish movement by end of this year as well
as lots of fundamentals like Recession,
Geopolitical scenarios are surely gonna cause
huge impact which eventually boost Gold price
up.

Gold tried to break 1804 MWD rejection zone
but thanks to NFP we saw some consolidations as
well as reversals.
Now 1804 acting as supply zone and we might be
having some corrections before shooting up.
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.