XAUUSD clearly on bullish formation now. From the technical sideview, it will climb up to test the strong resistance at the maximum level 1208.00. Just now, buy was triggered at the maximum bearish level confluence the strong support key.
Therefore, I'm voting to go LONG for XAUUSD. Additional info, as we can see at the weekly USD INDEX, there will be a strong bearish for USD. And XAUUSD will shoot up to the 1208.00 before deciding any other price action.
Therefore, I'm voting to go LONG for XAUUSD. Additional info, as we can see at the weekly USD INDEX, there will be a strong bearish for USD. And XAUUSD will shoot up to the 1208.00 before deciding any other price action.
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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.