Hey guys, been some time since i posted... again. Here presents a good buy opportunity on GOLD. First, we see a wedge breakout at the 1160s followed by the rally to the 1190s. Then we had a doji that spelled the end of the initial rally. Then as the buyers started tiring out, we witnessed a beautiful spinning top with outstandingly high volume. This signals a cue to long the pair as it shows the buyers are ready to go again. I would expect prices to head to 1220 in the Medium Term.
Comments and advice are greatly appreciated. This is purely my opinion on XAUUSD
Comments and advice are greatly appreciated. This is purely my opinion on XAUUSD