TAjames

Gold looking good after 2 weeks of strength

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Could be time for gold to break downtrend. Weekly chart right on 43EMA resistance, looking for a close above 1800 for a change in buying sentiment.
Cycle wise, definetly could be golds turn to make a new move up given its downtrend length.
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.