Gold will resume bullish trend

23 May 2020

XAUUSD
Now, Gold price is still on bullish trend that could be strong by intermediate and short term moves.
So last week, gold price was a breakout from a consolidation phase (triangle pattern). More than a week ago,
price came from the reaction phase. It was a breakout and reached almost $ 150.

Currently, there is a intermediate move to keep a primary uptrend moving
which will be watching to see if the $ 1795 resistance level is reached since 2012.



Golden Victory