Gold Spot / U.S. Dollar
Updated

Xauusd (Gold): a perspective

1269
hello guys!

as you see before:

 Gold Technical Analysis: Potential Bounce Within a Channel


Gold broke the ascending channel but it didn't change the main bullish trend, why?!
because it has a strong support level in the blue area!

so I think we should stick to the long position and the bullish trend!

now I suppose it will touch the blue area! so that level is suitable for getting a long position!

let's see if the market matches with my analysis!
Trade closed: target reached
out long position's target is achieved!

snapshot

I am waiting for the next confirmation!

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