GOLD / XAUUSD - CUP and HANDLE long and short term are BULLISH☕
Hey guys,
Welcome to another analysis this time it's gold, it's printing a long buy on the monthly and short-term timeframes,
-Above all short term bullish moving averages
-Recently broke out of a descending trendline, making higher highs
-Next monthly resistance target, $1900
Fundamental analysis we don't even have to talk about, Fed printer is brrr and riots, this should push risk on assets up, as the dollar weakens.
If you like it,
Leave a like,
Keep your risk managed,
Mariano.
Welcome to another analysis this time it's gold, it's printing a long buy on the monthly and short-term timeframes,
-Above all short term bullish moving averages
-Recently broke out of a descending trendline, making higher highs
-Next monthly resistance target, $1900
Fundamental analysis we don't even have to talk about, Fed printer is brrr and riots, this should push risk on assets up, as the dollar weakens.
If you like it,
Leave a like,
Keep your risk managed,
Mariano.