Mihai_Iacob

Gold to reconqer 2k

Largo
Mihai_Iacob Actualizado   
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
In my yesterday's analysis I've written that the recent dive under 2k, in my opinion, is only a correction and grab of liquidity and I expect resumption to the upside.
Indeed, after a dip to technical level of support around 1980, the price reversed and Gold is trading now shy under 2k(1998 at the time of writing).
My bullish bias is intact and my buy dips idea remains unchanged.
Confirmation for a new leg up comes with a break back above 2k and a new high above yesterday's one with a focus on last week's 2030 high and the ATH furthermore.
This bullish scenario is negated by a daily close under support.



Comentarios:
Bullish structure is intact and the rise could gain momentum.
Buy dips remains the best strategy for Gold


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