Gold Spot / U.S. Dollar
Long
Updated

Patience, grasshopper.... GOLD! (XAU)

1 365
Hello friends. Hello Traders. The chart speaks for itself. A Breakout of $1500....the implications seem clear. You can look at my other gold charts for further reference....
I won't get into politics.
I won't go into a long winded monologue about the fed..

I will simply say....good luck traders =)
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Previous XAU analyses
GOLD RUSH, CIRCA....2019?!

YEEHAW, WE STRUCK... GOLD! (XAU)
Note
It's clear this chart has the Truth, wait for a backtest of breakout level as support. There probably will continue to be chop here, the more resistance we encounter the more violent the breakout will be
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;)

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