GOLD (XAUUSD) WEEKLY UPDATE!! THIS PAIR LOOKS VERY PROMISING!!

1. These past few weeks we've seen a very bullish move for gold
since it tested our buyside liquidity at 1680 key level.

2. It bounced off from there 4 weeks straight.

3. This week we had a very corrective bullish move in the form
of a bullish flag pattern which I'll show later in the lower tf.

4. The reason why the price was very corrective since the beginning
of the week was because investors were waiting for the NFP news.

5. Current weekly candle close price action shows bullish momentum
and is testing the key level area at 1925-1932 trading range.

6. I'll be expecting a retest to the downside to find support
and if we see some bullish correction from there, we will
take another long position.

7. I'm also positive that gold could go to 1950-1960 key resistance
level before we could see another sell-off correction.

Hello, Traders! If you guys like my analysis on gold please give me a thumbs up and let me know your thoughts and leave a comment below.