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Gold Spot / U.S. Dollar
Long
Jan 11, 2024
Gold - Are Bulls Back? Or Will Bears Strengthen their Grip?
7
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2
2
XAUUSD
If Looked at Closely, The Trend Zone has been tested and decent buying is evident. Bearishness will fade above 2050
In that case 2065 2075 2090 and eventually 2100 might open up
2005, Only below this trend zone some more Bearishness is possible in which case 2000 1995 1980 could be tested.
So in Summary
2050
2005
Are the levels
If Gold sustains outside these levels, then the above mentioned zones could be tested.
DrAnandM
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Parallel Channel
Supply and Demand
DrAnandM
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