TheSignalyst

Gold - was, is and will always be our Safe Haven!

OANDA:XAUUSD   Emas / Dollar A.S.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on Daily: Left Chart
After rejecting the 1800.0 support, Gold has been bullish especially after breaking above 1900.0.

Currently, XAUUSD is sitting around a strong resistance in green.

For the bulls to remain in control, we need a break above 1960.0.

πŸ“ˆ In this case, a movement till the 2000.0 round number would be expected.

on H1: Right Chart
Meanwhile, the bears can still kick in. To be confirmed if the last low in gray at 1934.0 is broken downward around.

πŸ“‰ In this case, we will be expecting a correction till the 1900.0 support.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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