In my yesterday's analysis I wrote that, although 
XAUUSD has had a bad start to the year, the medium-term trend is still bullish as long as the price stays above the 2020 zone.
Gold continued its descent exactly in that zone and started to reverse.
This rise could continue further and the target could be the 2060 resistance zone.
I'm bullish as long as the price stays above yesterday's low and I'm looking to buy dips.
XAUUSD has had a bad start to the year, the medium-term trend is still bullish as long as the price stays above the 2020 zone.Gold continued its descent exactly in that zone and started to reverse.
This rise could continue further and the target could be the 2060 resistance zone.
I'm bullish as long as the price stays above yesterday's low and I'm looking to buy dips.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.