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XAUUSD Turned bullish again.
Gold Spot / U.S. Dollar
Long
XAUUSD Turned bullish again.
By TheCryptagon
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Oct 11, 2024
2
Oct 11, 2024
Gold / XAUUSD continues to trade inside June's Channel Up.
Its recent bearish leg has managed to find support on the 0.382 Fib and rebounded, closing today its 2nd straight green 1day candle.
This is the start of the new bullish leg and the minimum rise such a leg had inside the pattern was +7.55%.
With that in mind, buy and target 2800 by mid November.
Previous chart:
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XAUUSD
TheCryptagon
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