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Jan 21, 2021 4:20 PM

GOLD Breakout Now Looks Bearish Buy! Long

GoldOANDA

Description


Hello, Traders!
GOLD broke UP out of the bear flag and also broke horizontal resistance
Which now makes me more bullish than bearish
And while I know that the falling resistance is not broken yet
The last time it was simply ignored by the market
So it is less strong I think
Therefore, it makes sense to pick gold up from support after pullback
And go long with 3 targets in sight possibly catching the short cover wave as well
Cautious long!
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Comments
CollegeofPips
🚀🚀
mezzymx
Well done
Dungeonbunda
Thanks
gouvias110
Volatility will increase, but the direction is to the upside. Gold miners struggling to find direction, waiting for gold to break above 1880. Gold miners extremely profitable and cheap at these levels.
PolarHusk
A potential retest of previous resistance 🐻❄️🙏😊😃
Investroy
Looks really nice, cheers!
KlejdiCuni
It looks a great setup. Thank you!
FXCM
thanks for sharing! this is my view on Gold :
FlyDownX
clean 👌 our weekly analysis matches us with your idea
FieryTrading
We share the same vision, glad to see that!
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