Gold – The Next Long Entry

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The support zone we have been watching for quite some time has held once again. In addition, a strong candle was formed last Friday at 15:00, and so far it continues to hold. ✅

For a swing long, we are still waiting for a break above 4,044. Only then will the pullback be bought, with the larger target sitting up at the short zone around 4,200. 📈

One important point:
The more often an old support area gets tested, the weaker it becomes. That is why the strong opening candle from Friday, marked on the chart, should not be taken out and price should not close below it. ⚠️

As soon as we take action on the swing side, you will be informed. 👌

Stay blessed and good luck!!

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