Search
  • Vasily Trader

GOLD (XAUUSD): The ONLY THING You Need to BUY



Gold is currently retesting a major daily support cluster-based on 2020/2021 price action.


It looks like the market is preparing for a trend reversal and initiation of a strong bullish impulse.


To catch that, wait for a daily breakout of the underlined structure (we need daily candle close above).


Then the broken structure will turn into support and it will give us a safe point for buying.


Next goal will be 1811


While the price is below the yellow zone, the closest buying point will be a recently broken major trend line .


Please, support my analysis with like and comment!

1 view