Will Gold keep spiriting away to the heavens ?

Long

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

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Fibonacci Candlestick Analysis XAUUSD Gold priceactionanalysis Contains image

trendanalysis fibonacci candlestick xauusd gold priceactionanalysis containsimage

I think it is fair to say that the bullish price action on gold has been phenomenal for the past months. Currently. the PA has been stuck between 2 psychological zones from the previous week. Looking at the daily we can see the valid range of price action and additional confluence to the upside. Now all we have to do is wait. :-) ( FYI don't stop reading the candles )

Comment:

Analysis still in play.

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