GOLD BUYS
Gold vs US Dollar ICMARKETS:XAUUSD
After the dump below 4100's followed by several hours of consolidation, we finally have the gold bullish breakout sending the market above 4150's.
Currently gold sits at 4170 after a clean break from the 4155 zone. In this analysis, i've carefully analysed and highlighted two things;
- Valid resistance zones
- Mitigated zones.
These two zones highlighted gives us the paath and next trajectory of gold.
Further updates on pullbacks & retracements would be given as the market progresses