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GOLD (XAUUSD): Breakout & Bullish Continuation
CFDs on Gold (US$ / OZ)
Long
GOLD (XAUUSD): Breakout & Bullish Continuation
By linofx1
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yesterday
2
2
4
4
Gold broke and closed above a significant resistance level on a 4H timeframe.
Taking into consideration that the market is currently rallying, this breakout could lead to another wave of bullish momentum.
I predict a further increase in price to 2770.
Candlestick Analysis
Supply and Demand
Support and Resistance
linofx1
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