Gold (XAUUSD): Important Bullish Clue on a Weekly 🟡

12 Mar 2023

Gold has nicely respected a major weekly structure support.
The market formed a bullish engulfing candle after the test of structure,
and then we saw a very nice rejection from that.

It looks like Gold may go higher.
Next resistance 1925

Remember, that weekly time frame chart unveils a long-term perspective.
So it may take weeks, before the price reaches the target.

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