Gold XAUUSD (Melting up?)

View On Gold XAUUSD (12 Jul 2023)

GOLD is in
* UPtrend in short term (Intraweek)
* Neutral in Mid term (Intramonth)
* Neutral in Long term (Last 3 months)

Gold is in the pull back mode (again)
Going forward, I expect it is goingto be a bumpy ride toward 1950~2000 region.
I am slightly bullish cautiously.

At the same time, I see 1900 as a strong support region.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.