Gold Spot / U.S. Dollar
Long
Updated

GOLD (XAUUSD) Still Bullish! How to Buy Wisely? 🥇

1 766
snapshot

Price action on a daily chart on gold is still very bullish to me.

The last high that the price is set did not reach a key level,
and bearish rally will be most likely limited.

Ahead, buyers are facing a major strong daily support cluster.

I believe that after a test of that zone, we will see a bullish continuation
to the underlined yellow resistance.

The only thing that you need is to let the price reach that structure,
and then to wait for a confirmation to buy.

Good luck!

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Note
Check my new analysis on EURAUD:
EURAUD: Bullish Accumulation & Your Plan

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