Gold Spot / U.S. Dollar
Long

#GOLD $XAU - Bullish Monster, Where is the Stop?

512
Bitcoin clearly follows Gold nowadays, we decided to analyze this chart as well

The asset is extremely bullish and correction downwards is possible only if the daily candle closes below 1585$. Gold is absorbing new and new phase of decline, day by day.

Now the price is testing the level which was formed at the 2nd of March, so here the probability of correction is increasing.

Overall priority is absolutely bullish. Yesterday we saw a daily open above the EMA200, today above EMA100.

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