Gold Spot / U.S. Dollar
Long
Updated

Nice bullish hammer formed

289
Just like silver, gold has reacted with a nice bullish hammer which signals a potential upside move, but, as always, the market does it wants. Based on the overall trend though, I wouldn't look to sell for the time being.
Trade active
Price moving up nicely.

snapshot
Note
Let's go!!!!!!

snapshot
Note
Potential move up.

snapshot
Note
Going and going...

snapshot
Note
New ATH for gold again, breaking resistance after resistance.

snapshot
Note
Higher prices are still on the card in my opinion.

snapshot
Note
snapshot
Note
Continuation pattern forming... Always trade in the direction of the trend.

snapshot
Note
New ATH made again...

snapshot
Note
snapshot

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.