Gold- up again after consolidation/correction?
As I expected, Gold made a new local high yesterday and since then started to consolidate.
With the price back above 1955 it seems like XauUsd has resumed its up move and we could expect a break back above 2k.
In the short term, confluence support is between 1970-1975, and for short-term traders is a zone to watch for buy signals.
With the price back above 1955 it seems like XauUsd has resumed its up move and we could expect a break back above 2k.
In the short term, confluence support is between 1970-1975, and for short-term traders is a zone to watch for buy signals.
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