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Gold- New leg up towards 1765 resistance?
As I've written on Monday and yesterday, Gold under 1700 figure is a good opportunity for buyers.
Yesterday XauUsd broke above short-term wedge resistance and also above 1700 figure and now is trading at 1710 in what I believe to be a small correction.
I maintain my bullish outlook for gold and I'm looking to buy dips in anticipation of a new leg up towards 1765 resistance.
A new local low would negate my scenario
Yesterday XauUsd broke above short-term wedge resistance and also above 1700 figure and now is trading at 1710 in what I believe to be a small correction.
I maintain my bullish outlook for gold and I'm looking to buy dips in anticipation of a new leg up towards 1765 resistance.
A new local low would negate my scenario
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