In my yesterday's comment, I said that
XAUUSD
could have found a bottom in 2020 important support.
After a spike in 2040 local resistance during yesterday's session, the drive dropped again, but this time stopped at 2024 making a higher low.
Although the falling trend line that started at the beginning of the year is not broker to the upside yet, there are high chances for this to happen today.
I maintain my bullish bias on Gold as long as the price stays above Monday's low.
XAUUSD
could have found a bottom in 2020 important support. After a spike in 2040 local resistance during yesterday's session, the drive dropped again, but this time stopped at 2024 making a higher low.
Although the falling trend line that started at the beginning of the year is not broker to the upside yet, there are high chances for this to happen today.
I maintain my bullish bias on Gold as long as the price stays above Monday's low.
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📈 Forex & XAU/USD Channel:
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🌟 Premium Contact:
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