GOLD Continues Up as Predicted

• GOLD Buyers are relentless
• Crisis induced trend
• Huge risk off
• 1991 next target

1. Swing before the drop
2. Swing low
3. Ascending trend up
4. Entry zone
5. Target

GOLD has bounced due to risk off as the Russia-Ukraine crisis continues. The prevalent trend was bearish that has turned into a crisis induced bullish trend. I made an entry at 1906 confirmation on H4 timeframe. At this point its +600 pips of profit. We should see a continuation up towards 1991. Gold is a safe haven and buying the dips is the scenario as long as the crisis lasts.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez