- Ichimoku setup is bullish
- Heikin-Ashi shows consolidation. Price action however is very strong, Gold did not really pull back to major support, just moved sideaway in a tight range. haDelta+ and haOscillator may tell us market is gaining momentum for the next leg up.
- If 1235 will be cleared, Gold will target 1255 and later 1280-1300 weekly resistance zone.
Hold longs!
- Heikin-Ashi shows consolidation. Price action however is very strong, Gold did not really pull back to major support, just moved sideaway in a tight range. haDelta+ and haOscillator may tell us market is gaining momentum for the next leg up.
- If 1235 will be cleared, Gold will target 1255 and later 1280-1300 weekly resistance zone.
Hold longs!