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GOLD (XAUUSD): Where to Buy Safely?! Update & Market Outlook ๐Ÿฅ‡

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VasilyTrader ืžืขื•ื“ื›ืŸ   
OANDA:XAUUSD   ื–ื”ื‘ / ื“ื•ืœืจ ืืžืจื™ืงืื™

Gold reached a resistance line of a rising parallel channel this week.
The price has retraced and locally the market looks quite bearish.

To catch a bullish trend continuation, pay close attention to a confluence zone
between 1792 - 1800 horizontal structure cluster and a support line of a channel.

Once the price reaches that, look for a confirmation to buy.
I am quite sure that the price will reach 1853 level quite soon.

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