Gold daily view
Gold price moved higher from a bullish pin bar which formed last week near $1782 support. XAUUSD advanced for the fourth trading day and currently is near $1856 amid US dollar weakness. Although, it is rallying, the commodity is still exposed for the selling pressure while the price remains below the recent bearish pin bar signal under $1877 - $1895 supply area. Traders, please like and comment if you like this idea. Thank you.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.