Now, there are 2 resistance levels being broke as price soars higher. These 2 levels are currently strong support level (green zone). For now, the BULLISH trend seems strong on Gold. It is good opportunity to eye on 161.8% fib level (1877-1880 price level). If price level manage to move back towards the BULLISH trend, we can anticipate further BULLISH movement in the coming days.
Current Trend: BULLISH Long Term Opportunity: BULLISH bias (waiting for confirmation)
Do drop a LIKE to support my content. Also, if you enjoy my daily updates on gold ( XAUUSD ), do drop me a FOLLOW on Tradingview. Greatly appreciated :)
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.