DrooelmFX | XAUUSD Finally Broke Out of Consolidation Area
Gold has been bullish since the beginning of April. It got into consolidation in mid-April (see the white box), and now it has broken out of the consolidation zone to the upside to continue the bull run.
I see it coming back to retest the 1820 price area before going up to 1870.
If you like this idea or have your own opinion about it, leave a like and a comment. I will appreciate.
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#DrooelmFX
I see it coming back to retest the 1820 price area before going up to 1870.
If you like this idea or have your own opinion about it, leave a like and a comment. I will appreciate.
_____________
#DrooelmFX
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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.