Mihai_Iacob

Is Gold turning bullish?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I said in my previous analysis, Gold can drop from the strong confluence resistance around 1780, and this happened and XauUsd even had a spike under 1740 support in Asia session.
However, this spike down was quickly reversed and bulls managed to take Gold above 1750 at the time of writing.
My sentiment in regards to Gold has shifted to slightly bullish and I will remain so as long as 1730 is intact
I will try to buy dips in search of a good R:R for my trade

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