Investroy

GOLD: PATIENCE IS THE KEY!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As we can see from the chart above, we’re currently on the way to test out 1780 region for XAU/USD. However, without any other strong confluences it is expected that this support zone will “Hold the door”. Then what happens next? Well, what goes down must come up. The price would meet the first minor resistance at 1825, ultimately aiming for 1850 level. Have a nice trading week, TradingView fam!

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