$XAU / GOLD — I AM SWING LONG HERE 📈
Gold is showing a clean bullish structure.
Price swept below the March lows during the summer, then reclaimed the level. Now, the October pullback is retesting it as support, with today's wick sweeping the zone before closing back above.
I'm looking for a move toward the March highs. This setup may take time to play out, so patience is key.
Target: March highs
Invalidation: Sustained acceptance back below the reclaimed level.
Gold is showing a clean bullish structure.
Price swept below the March lows during the summer, then reclaimed the level. Now, the October pullback is retesting it as support, with today's wick sweeping the zone before closing back above.
I'm looking for a move toward the March highs. This setup may take time to play out, so patience is key.
Target: March highs
Invalidation: Sustained acceptance back below the reclaimed level.