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Gold (XAUUSD): Important Zone to Watch 🟡
Gold Spot / U.S. Dollar
Long
Gold (XAUUSD): Important Zone to Watch 🟡
By VasilyTrader
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May 7, 2023
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May 7, 2023
Gold is trading in a bullish trend.
As I predicted, the market set a new higher high higher close this week.
A correctional movement started then.
Ahead, I see an important zone of confluence:
the underlined area on the chart is based on a rising trend line and a horizontal structure.
I will expect a bullish movement from that area next week.
Goals: 2037 / 2060
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forecast
Gold
goldlong
goldtrade
goldtrading
goldtradingstrategy
Support and Resistance
Trend Lines
Triangle
XAUUSD
VasilyTrader
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