InfiniteY

XAUUSD, back on the rise?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After correcting violently at the start of the month (down more than 4%), the price seems to be gradually rising again.

As you can see from my chart, we corrected again at the start of the week.

We returned to the OTE zone and rebounded on an Order Block at M15.

The price then started to rise again by liquidating the 2 ASHs that had been left.

We need a new BOS at $2341 to continue this uptrend on LTF and MTF.

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Happy trading and a good week :)

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