AlgoTradingGroup

XAUUSD (GOLD) BULLISH OUTLOOK

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good afternoon again traders!

Along with EURUSD bullish view, XAUUSD may follow EURUSD too as both are positively correlated. Overall bearish DXY (USD Index)

We may be looking to buy gold around 1854 - 1860 if all confluences align and we get further confirmation

As for shorts, 1889 would be a good spot

▶ FREE Telegram Channel - t.me/algotradinggroup

▶ Website - www.algotradinggroup.net

▶ FTMO Pass Results - t.me/FTMOResults

▶ Weekly Signals Reports - t.me/weeklypips

▶ Weekly Profits - t.me/ATGProfits
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.