GOLD (XAU/USD): bulls got this under control

Long

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

OANDA:XAUUSD Gold Spot / U.S. Dollar

supportandresistance trendanalysis supplyanddemand xauusd gold goldtrading forextrading investroy

As it can be seen from the graph, the price has nicely broken and re-tested the 1790 level of resistance turned support. We are expecting for the price to keep rising and reach the $1869 area of crucial resistance. As the market liquidity is slowly decreasing, it will take some time for the price to reach our target, but we will be patient and calm!

Happy trading, family!

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