Mihai_Iacob

Gold- I'm not selling a possible correction

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my previous Gold analysis, I wrote that Gold is consolidating with bullish perspectives.
Indeed, two days ago, The price exploded to the upside, and since yesterday, it entered in a consolidation again.
Although there could be a correction, in my opinion, this should not be sold but bought into dips.
A good zone for buys is under 2030
Also, as an alternative bullish scenario, we have a small symmetrical triangle and Gold could continue its ascent after this pattern is confirmed.


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