Riding gold up after daily close above key levels.

Long

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)

Updated

FX_IDC:XAUUSD Gold Spot / U.S. Dollar

Chart Patterns Trend Analysis XAUUSD

chartpattern trendanalysis xauusd

The initial impulse had a correction leading up to the week ahead. Price close above daily resistance and fundamentally Strait of Hormuz tensions escalating fast with seize of British oil tanker by Islamic revolutionary guard. U.S. also shot down an Iranian drone.

XAUUSD

Trade closed: target reached

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