Long

Gold Buy Idea After Bullish Trend Pattern

By VladimirRibakov
H4 - Price has broken above a strong resistance zone and is holding above it.

No signs of trend change.

Expecting the price to continue higher further.

H1 - Bullish trend pattern.

Currently it looks like a correction is happening.

Until the strong support zone holds my view remains bullish here.
Bullish PatternsbullishtrendpatternbuycorrectionGoldMultiple Time Frame AnalysisSupport and ResistanceTrend AnalysisXAUUSD
VladimirRibakov

Disclaimer