GOLD Bulls Still Trying to Move the Price

Ascending trend line, 1-2-3 pattern which is a part of cup with handle structure makes up for the bullish POC zone.

GOLD is bullish. We should see the move up as bulls are showing strength.

gold and black metal tool

Photo by Jingming Pan on Unsplash

GOLD price is supported at 1815. Bulls are trying to spike the price up as the technicals look bullish. Ascending trend line, 1-2-3 pattern which is a part of cup with handle structure makes up for the bullish POC zone. Targets are 1845 and if it breaks then the next one is the 1860 zone. Buying the dips is the scenario now.

(Click on image to enlarge)

Source: Black Widow system.

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