Gold could continue its ascent
After the Pin Bar candle from last week, which very well could be an indication for a bottom, Gold also started the week with a green cand, testing again the 1930-1935 zone resistance that I've spoken about in several locations last week.
Now XauUsd is in a small correction and a genuine up break could follow.
A clear break above this zone would expose the next important resistance zone at 1980
A drop under 1915 would negate this scenario.
Now XauUsd is in a small correction and a genuine up break could follow.
A clear break above this zone would expose the next important resistance zone at 1980
A drop under 1915 would negate this scenario.
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