GOLD YEARLY TIMEFRAME

Gold is currently enjoying a bullish momentum, retracing from its latest All-Time-High of $2450.

I am anticipating that it will retrace and retest the $2000 zone and use it as support to continue its Upward move.

However, this might not happen anytime soon since It has a tendency to print at least 3 bullish candlesticks after breaking a previous ATH.

So, the bottom line is that the Bullish trend is still stable.
Trend Analysis

Also on:

Disclaimer