financialflagship

GOLD (XAU/USD) – Week 14 – Monitoring the price action.

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Last week, Gold made an attempt to break the low once more, but it only acted as a deeper pullback for the previous bullish impulse.
In the next days, we expect Gold to gain further bullish momentum and head towards the strong resistance located at the $1800 psychological level.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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