XAUUSD to 2700 level soon
Updated
**Monthly Chart (BULLISH)**
XAUUSD (Gold) September candle closed bullish after recording a new historical high with no indication for reversal. This is mainly due to geopolitical instability in the Middle East and line with BRICS meetings.
XAUUSD continues to move higher creating new levels after breaking the consolidation range above the 2,000 level.
**Weekly Chart (BULLISH)**
Last week's candle closed bullish after creating a new record high at 2,685.64 level. Are we going to see a new record high created above 2,700 level soon?
** Daily Chart (BULLISH)**
XAUUSD continues to move higher. Daily trend is still bullish and we expect the price to tap 2,700 level soon. Find a good setup to buy on lower time frames.
XAUUSD (Gold) September candle closed bullish after recording a new historical high with no indication for reversal. This is mainly due to geopolitical instability in the Middle East and line with BRICS meetings.
XAUUSD continues to move higher creating new levels after breaking the consolidation range above the 2,000 level.
**Weekly Chart (BULLISH)**
Last week's candle closed bullish after creating a new record high at 2,685.64 level. Are we going to see a new record high created above 2,700 level soon?
** Daily Chart (BULLISH)**
XAUUSD continues to move higher. Daily trend is still bullish and we expect the price to tap 2,700 level soon. Find a good setup to buy on lower time frames.
Trade active
With markets and geopolitics instability, the expectation for Gold is still the same. We are heading to hit a new high in the coming two weeks before US Election. Any bullish structure is a good buy setup, similar to what we had last week (on Thursday and Friday). Note
Gold is on its way to test 2,700Trade closed: target reached
Target reached at 2,722 level. We shall see later :)
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