Mihai_Iacob

Gold- It will break 2.2k?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my Monday analysis, I emphasized that as long as the price of XAUUSD remains above 2150, its bullish momentum persists, potentially leading to another test of 2.2k.
True to this forecast, the price adhered to the pattern, briefly dipping during Monday's session, only to retest the 2.2k mark again yesterday.
Currently, the price stands at 2190, suggesting an imminent attempt to breach the 2.2k level once more.
My strategy moving forward continues to be buying on dips, as I anticipate a new all-time high.


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