Are we repeating history and reliving the Roaring Twenties or should we call it the Golden Twenties? Gold is currently channeling all its power and following an upwards slope. Pushing up north, we're expecting the trend to stay strong to work its way above the resistance at $1824. Primarily, Gold should continue to move north as long as it remains above the $1739-mark.
Gold could not make a new high and made a false break. We are considering selling at a resistance zone where a false break was created. Some pullback or sideways movement is expected. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD is moving sideways. The price is coiling up. Always, contraction leads to expansion. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Price action created a false break of the strong resistance level at $1855. GOLD pulled back to the consolidation zone. We anticipate further price movement down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Yesterday's fundamentals moved XAUUSD to its previous resistance levels. GOLD is bearish on daily timeframe. We expect the price to continue its trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Gold moved to higher price levels by making higher highs on 1H. Price is slowly gravitating to major resistance level 1870$. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!