TheSignalyst

Gold - was, is and will always be our Safe Haven!

OANDA:XAUUSD   Ouro/Dólar Americano
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on Daily: Left Chart
After rejecting the 1800.0 support, Gold has been bullish especially after breaking above 1900.0.

Currently, XAUUSD is sitting around a strong resistance in green.

For the bulls to remain in control, we need a break above 1960.0.

📈 In this case, a movement till the 2000.0 round number would be expected.

on H1: Right Chart
Meanwhile, the bears can still kick in. To be confirmed if the last low in gray at 1934.0 is broken downward around.

📉 In this case, we will be expecting a correction till the 1900.0 support.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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