GOLD (XAUUSD): Breakout & Bullish Continuation 🥇

Long

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

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Supply and Demand Trend Lines Rectangle Gold goldtrading goldidea goldusd goldanalysis XAUUSD trading

supplyanddemand trendline rectangle gold goldtrading goldidea goldusd goldanalysis xauusd trading

snapshot

Hey traders,

As I predicted, Gold successfully broke and closed above a resistance of a horizontal trading range.
Now the next goal for buyers is a major falling trend line that we spotted on a daily time frame.

Look for an occasional retest of the broken resistance to buy safely.

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