xauusd ⇒ seems bullish

Updated
hello guys...

as I analyzed before:
xauusd ⇒ a downward compression


th price the orange area and started a new upward movement, sequence of this move was an engulfing!

the engulfing hinted that the Gold wants to touch the upper level again!

the first target, the channel's next breaking line, is 2056.

you can enter the position right away or after hunting! depend on your style!

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Note
it is toward the target!
Beyond Technical AnalysisGoldmelikatraderSupply and DemandTrend AnalysisXAUUSD

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