🏛GOLD is trading in an uptrend in a rising channel However, many are expressing a concern about the future of Gold mid-term As the Dollar broke out of the bearish wedge, and after a pullback We are all expecting the Dollar to strengthen mid-term And Gold is negatively correlated to the Dollar To that, I say that Gold hasn't broke the rising channel support yet And until after that happens, I will be bullish on Gold I am expecting Gold to keep retesting the support Until the confluence of the horizontal and rising support isn't hit From where Gold will go up to its target above! LONG🚀
Not at the moment, I really feel like there could be a drop back in price especially considering the new order block created on the daily chart that has been created and the fractals at work as well