Gold- Reversal of just correction?

17 de mai. de 2022

Last week was the 4th consecutive week of Gold drop in price with the yellow metal losing more than 2k pips in this period.
However, yesterday, after a short-lived dip inder 1800 figure, Gold has reversed and is trading around 1823 at the time of writing.
At this moment we can have a low in place and the Gold price can rise and test the 1850 resistance zone.
As long as 1780 support is intact buy dips is my strategy