OANDA:XAUUSD   Gold Spot / U.S. Dollar
As gold is in a buying position as its in a strong consolidation phase and formed a bullish penunt pattren and the another confluance is 200EMA is also in buying confluence and price has formed a bullish Engulfing candle so it seems that price will go buy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.