Hey bulls we have seen some volume entering the game now, gold is on its way to 1900 $
on the volume indicator, I see some banks and big financial institutions put some liquidity to the market, XAUUSD is about to reach 1900 -1910 resistance area, the US retail sales MM previous was 0.8, the forecasting is 1.4 the actual is 1.7
The broad-based gain in spending...
The lower (yellow) trendline coincides with the 100 EMA (gray) which indicates a strong area of support and this trendline also crosses with the next monthly Pivot-Point and also with this weeks Pivot-Point which makes this support zone super strong (I marked it with a yellow circle).
Next up, we have a strong resistance where the price is right now because the...
