GOLD Consolidation not over but long term still bullish.

Gold / XAUUSD hasn't changed it's long term trend, which remains bullish inside a Channel Up since October 2023.

However, it is more likely than not, to extend the consolidation it is having since April 21st, which is no different than the 3 previous consolidation phases this Channel Up had.

After they got completed, strong rallies followed, the less strong of which was +18.51%.

Stay bullish, target 3700.


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