Gold GLD XAU - Bullish update
Updated
As we've seen some resistance at this level, price hasn't been able to get passed it yet. Pullbacks are usually healthy, because it will justify higher price movements. If we went straight up, then the pullback would be a long way down. I'll take this time to buy dips.
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Trading a small bag from 1503, tp1 at 1545Trade active
My target of 1545 didn't get hit, and then price dipped to 1460 (got bought up fast reclaiming the weekly support). Either way, price didn't go as high or as low as I expected meaning consolidation zone. I can't help but feeling macro bullish on gold silver and cryptos right now. When Gold breaks into the range above 1550 we will wish to have bought down here.
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