FX:XAUUSD   Gold Spot / U.S. Dollar

Expecting Gold to reach 1920

If we get a candle body close on D1 above 1925 we can then expect 1933
And if we then get a candle body close above 1040 we can expect 1950.

We can also get a retracement back to 1900 which will be a great buy opportunity.

Candle body close below 1880 will invalidate the bullish move for no.

The expectation is for the price to reach 1950 before we start another retracement.

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.