XAUUSD Bullish trend to be continued

**Monthly Chart**

XAUUSD long-term bias is still Bullish. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below.

**Weekly Chart**

XAUUSD long-term directional bias continues to be bullish after bouncing from 1985 level with the creation of a Ring low formation near the liquidity pool and weekly low. This confirms that the trend will continue bullish based on the weekly chart.

**Daily Chart**

Ring low from 14th Feb 2024 confirmed a continuation of the bullish trend. The Ring Low pattern became strong when it bounced from the Liquidity pool and Weekly low. Therefore, I anticipate a continuation of XAUUSD bullish Trend.
Beyond Technical AnalysisChart PatternsTrend Analysis

Join our PropSignals Channels on Telegram
t.me/PropsignalAE
Also on:

Related publications

Disclaimer