Gold Spot / U.S. Dollar
Long
Updated

Gold in H6 chart

239
Hello everyone
It is not a new idea and just follow that last one. I want to say that again, be careful about GOLD every moment of your trades because in my experience XAU is sooooo deceitful.
Thanks
Note
one important thing I forgot to tell you was about "Volume".
Always try not to forget check your chart with volume and for now you can see the chart is going up and there is not any sign of exhaustion in volume (Rising) and it might be a good clue for next movements.
Thanks
Note
I guess the next weeks might be bullish for Gold and also BTC
Note
Is there any one can say why this blue support area is powerful ????
In the aspect of EW.

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.