Bullish on Gold after Breakout of major Channel
After getting a break in the Weekly channel for XAUUSD , and a break in structure at 1232, I have very bullish sentiments on gold. I'm expecting a retest of resistance at 1307, 1345, and potentially 1391.
Note
Golds looks like it's ramping up for the next bullish wave. Great place to add on a position.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.