Gold Looking good for both long term and short term

Gold after a top in 2011, fell sharply and bottomed out in 2016. It traded in a range from 2013-2019 and broke out in the second half of 2019 started a trending move upwards. Though it fell sharply during the covid crash, it started moving up immediately showing strength but got a little overstretched and retraced 50% from the March low to the high. Now the price seems to come back into the channel. This is the right time to enter partially with a stop just below the recent low. Can add more after a proper breakout above the recent swing high.

交易开始:

continuing to accumulate