Gold in 3 minutes or less

17 Jul 2023

In this video, I explain why I'm still bullish Gold and what I would like to see to maintain my bullish bias.

17 Jul 2023

Catatan

NY Open update.
Today, after London's opening, Gold tried to pass above 1960 once more but failed.
The structure remains bullish and at the time of writing is in my buy zone.
As explained in the video, IMO Gold should not drop to test the broken resistance in order to remain strongly bullish.
A test of that old resistance, now support, could lead to a break down and in such an instance XauUsd becomes bearish and could drop under 1900