I see clear signs of a bullish accumulation on Gold again.
As previously, the price sets higher lows, setting equal highs.
Looks like the market is preparing for a breakout attempt of the underlined red resistance.
IF the price breaks and closes above that, it will be a strong bullish signal.
A bullish continuation will be expected at least to 2540 level then.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
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.