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GOLD (XAUUSD) Still Bullish! How to Buy Wisely? 🥇
Gold Spot / U.S. Dollar
Long
GOLD (XAUUSD) Still Bullish! How to Buy Wisely? 🥇
By VasilyTrader
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Updated
May 3, 2021
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May 1, 2021
Price action on a daily chart on gold is still very bullish to me.
The last high that the price is set did not reach a key level,
and bearish rally will be most likely limited.
Ahead, buyers are facing a major strong daily support cluster.
I believe that after a test of that zone, we will see a bullish continuation
to the underlined yellow resistance.
The only thing that you need is to let the price reach that structure,
and then to wait for a confirmation to buy.
Good luck!
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May 3, 2021
Note
Check my new analysis on EURAUD:
futures
Gold
Silver
Supply and Demand
Support and Resistance
Wedge
XAG USD ( Silver / US Dollar)
XAUUSD
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