GOLD (XAUUSD): The ONLY THING You Need to BUY

Apr 10, 2021

Gold is currently retesting a major daily support cluster-based on 2020/2021 price action.

It looks like the market is preparing for a trend reversal and initiation of a strong bullish impulse.

To catch that, wait for a daily breakout of the underlined structure (we need daily candle close above).

Then the broken structure will turn into support and it will give us a safe point for buying.

Next goal will be 1811

While the price is below the yellow zone, the closest buying point will be a recently broken major trend line.

Please, support my analysis with like and comment!

Apr 12, 2021

Note

Check my new idea on GOLD: