GOLD Bulls Still Trying to Move the Price

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

GOLD is bullish. We should see the move up as bulls are showing strength.

GOLD price is supported at 1815. Bulls are trying to spike the price up as the technicals look bullish. Ascending trend line, 1-2-3 pattern which is a part of cup with handle structure makes up for the bullish POC zone. Targets are 1845 and if it breaks then the next one is the 1860 zone. Buying the dips is the scenario now.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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