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GOLD (XAUUSD): Breakout & Demand Zone
CFDs on Gold (US$ / OZ)
Long
GOLD (XAUUSD): Breakout & Demand Zone
By linofx1
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May 15
5
May 15
Gold surpassed a strong horizontal resistance cluster and a significant downward trend line.
The broken structures now form a larger demand zone.
I anticipate a bullish movement from this area soon, with targets set at 2394 and 2420.
Supply and Demand
Support and Resistance
Trend Lines
linofx1
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