Gold- Tree white soldiers can lead to strong gains

10 בפבר׳ 2021

When it comes to Gold is pretty clear that bulls are in control with every dip in XauUsd being bought.
At the time of writing the yellow metal is trading at 1844, just under the falling trendline of the triangle and it looks like is building momentum for a break.
Resistance is in 1850 zone and a break here can lead to solid gains at least to 1880 in the short term.
My strategy remains the same, buying dips and only a break below 1820-1825 support would change my bullish perspective