XauUsd Long

Greetings dear Traders,this is my analysis for XAU/USD and it is long.

On the chart we can see how the price reacted after a solid downfall on 30 November.

During December the price has menaged to jump into a uptrend movement to the Horizontal Line 1 ,and the price menaged to cross it to the next level.

We can see that the price touched the price zone at 1901.48, the price went back and returned for a uptrend movement.

I expect the price to rise to the 1960.96 key level.

Traders make your own analysis before trading.

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