Gold Spot / U.S. Dollar
Long
Updated

Gold- Rise above 2060 zone

780
After a particularly frustrating week marked by the XAUUSD price fluctuating within a tight range of around 100 pips, the price finally broke above the 2040 resistance level. At this juncture, bulls have taken control and are likely to maintain dominance as long as the price remains above yesterday's low.

The initial target for this upward movement is the 2060 zone, with a subsequent target at 2080.

Note
2060 zone target hit
Note
Also 2080 zone hit

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