naked_chartist

bullish outlook on Gold

Long
FX:XAUUSD   Or / Dollar Américain
Buyers managed to break the previous lower high structure to form a higher high while sellers failed to make a lower low which rendered Gold to change direct from bearish to bullish. The buyers were strong enough to form a new higher high than the one they formed already. I have placed a buy limit at 1935 as i anticipate that price might form a higher low before moving higher
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