XAUUSD- GOLD Potential Buying zone
Seems like Gold is coming down to test the previous support around $1665 - $1675
Short in medium run with target of $1675 while I remain bullish in long run for Gold.
It may trade within the triangle for a while before possible breakout to the upside with target of over $2100.
The Yellow line does not predict the exact path but rather the likely scenario if it plays out.
Short in medium run with target of $1675 while I remain bullish in long run for Gold.
It may trade within the triangle for a while before possible breakout to the upside with target of over $2100.
The Yellow line does not predict the exact path but rather the likely scenario if it plays out.
Trade active:
Looks like Gold found temporary support but it won't surprise me to see it breaking..
Trade closed: target reached