Oro / Dollaro
Long

XAUUSD - 2024/08/29

84
The target from yesterday was hit just now.

TECHNICALS:

Daily, 4h and 1h timeframe all still bullish, there is no reason to move against the trend, the trend is your friend. Today we can see that we have formed a new volume buy zone where can look to execute our longs.

We can expect a pullback back into the zone then after getting our confirmation candle we can move further up.

FUNDAMENTALS:

Still the same outlook as what i had yesterday, today however we do have US jobless claims and GDP that will provide a lot of volatility in the Gold market.

OVERALL BIAS:

Still bullish.

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