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Gold - detailed price and structure analysis
Gold Spot / U.S. Dollar
Long
Gold - detailed price and structure analysis
By aarki_gg
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Feb 5, 2022
1
Feb 5, 2022
XAUUSD
- Gold is now getting into the right structure for another upmove
- every selling wave, sellers have gotten progressively weaker, forming nice volatility compression pattern
- volumes have also started to dry out
- closing has been very tight for many consecutive weeks
-strong breakout above 1900 will be the beginning of upmove
Chart Patterns
Trend Analysis
aarki_gg
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