Gold Broke Major Trendline - Bullish Momentum Pushing Price Up!
I previously had a bearish bias until the strong bullish momentum Gold showed us yesterday. Price broke a MAJOR trendline with a strong bullish candle. Price also retraced 50% on the daily. The way structure has formed on the daily against an ascending trendline indicates a lot of stored bullish momentum.
Did this chart confirm your own analysis? LIKE & FOLLOW if it did! I want to continue to provide valuable analyses for you guys, so show me some love!
Follow my friend @transparent-fx his videos are super insightful! I've personally learned a lot from him!
Do you agree with this analysis? Comment below!
Did this chart confirm your own analysis? LIKE & FOLLOW if it did! I want to continue to provide valuable analyses for you guys, so show me some love!
Follow my friend @transparent-fx his videos are super insightful! I've personally learned a lot from him!
Do you agree with this analysis? Comment below!
