Gold Spot / U.S. Dollar
Long

GOLD Is it Ready for Upside ?

2218

Hello traders:

Looking at GOLD now for bullish price action opportunities.

I have been looking at GOLD for quite sometimes now, and waiting patiently for a HTF correction completion.

The current flag/channel correction seem to find a double bottoms, and we see bullish impulse phrase on the LTF.

The latest price is also in a descending channel structure, look for reversal completions.

I would pay close attention to any LTF continuation correction for the buys.

Thank you

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