Description
⋅ After a few false starts last week, we are finally seeing the buyers step into Gold, judging by the latest bullish price action.
Price has successfully tested the resistance-turned-support, with a confluence at the 20 & 50-day EMA, which all provide good support for prices.
I am currently long on this counter, and should the bearishness in the stock market continue, we may see more upside here.