Bullish Bias
Dear Trader,
I trust you're doing alright.
XAUUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break the static resistance level at 1930 to confirm the bullish trend.
On the other hand, a break below the support level would signify a bearish continuation.
Please what do you think about XAUUSD?
Kindly like and comment below.
I trust you're doing alright.
XAUUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break the static resistance level at 1930 to confirm the bullish trend.
On the other hand, a break below the support level would signify a bearish continuation.
Please what do you think about XAUUSD?
Kindly like and comment below.
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