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Gold Spot / U.S. Dollar
Jul 8, 2020
XAU/USD Pattern repeating!
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As wee can see in this 1H XAU/USD chart, we may see the same pattern repeating.
Bullish point of view:
1. Gold is in high demand
2. Bulls aiming for all time high from here
3. Dollar weakness helping
Bearish point of view:
1. Repeating pattern seen in chart
2. Resistance at 1800 reached
3. Bearish divergence on bigger timeframes
rehbock95
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dollar
Gold
Trend Analysis
xau_usd
rehbock95
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