Mihai_Iacob

Gold at 1980 resistance. Correction next?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my yesterday's post, I said that Gold could text 1980 resistance and dips, ideally around 1935, should be bought.
XauUsd corrected very anemically and hasn't reached the support zone.
A new wave of buying followed sending the price in resistance.
A correction at this point could follow, considering the 1800 pips rise since the low and the start of the conflict.
However, the buying power is immense and, in my opinion, dips should be bought with an ideal price for this being 1950 zone.

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