Gold Spot / U.S. Dollar
Long

More Bullishness on the horizon for Gold very likely

509
we saw gold going ultra instinct on Friday and strongly push to the upside back above 1920 breaking the 2months descending trendline after forming a higher low. And now gold has broken above it going for a higher high. If the same pattern is followed then we could expect another higher low or a pull back to the new support structure where gold could find more strength to resume its bullish rampage.

Disclaimer

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.