XAUUSD - BULLS ARE IN TREND - TREND-LINE FORMATION

Stay at course bulls we are about to rocket off. We can officially say that GOLD is a safe haven and with being said we can expect prices for the GOLD to go above and beyond. The recent bearish moves in market have been due to the sentiments of a COVID-19 vaccines being found in the medicine Remdesivir - that is now said , the drug doesn't have any effect on COVID-19. Another bearish moves happening due to Trumps release procedure that states Governor should undertake before reopening of the economy.

These bearish moves in the GOLD sets the momentum of a trendline that indicates there will be a rally of the GOLD price to highs of and beyond.