Mihai_Iacob

Gold remains bullish in spite yesterday's reversal

Panjang
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
In terms of daily closing, yesterday was an uneventful day for Gold.
After an initial rise, bulls were unable to hold gains and at the end of New York session, XauUsd reversed to the day's open.
Although we have this reversal from interim 1950 zone resistance, the structure remains bullish and I expect gains at this end of the week.
Technically, bulls need to keep the price above 1915 and preferably above the 1923-1924 zone.
In conclusion, in spite of yesterday's reversal, I'm looking to buy on dips with a moderate target around 1950.
As explained in my past analyses, a break above 1950 would expose 1980.


🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.