✴️ GOLD Daily timeframe. January 10
Gold still points to a possible continuation of the rise
1) Yesterday's daily candlestick closes above the 1869.75 level. Signal for continued upside
2) The next target is resistance at 1890, but in the long run, the global liquidity zone at 1930.
3) The accumulated energy in the strongest consolidation since mid-December is spilling out. The growth may continue for a few more days.
4) The trend is bullish.
5) The price is in the long zone.
6) We may say that the rally stage is forming.
1) Yesterday's daily candlestick closes above the 1869.75 level. Signal for continued upside
2) The next target is resistance at 1890, but in the long run, the global liquidity zone at 1930.
3) The accumulated energy in the strongest consolidation since mid-December is spilling out. The growth may continue for a few more days.
4) The trend is bullish.
5) The price is in the long zone.
6) We may say that the rally stage is forming.
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