XAU/USD-Daily analysis

2020-02-07 17:23:08

Good day everyone!

-On XAU/USD we can see nice bullish momentum last 3 days,price broke resistance line and become support.
-On lower time frames we can see multiple touches and the price did not break that support line.
-It seems bulls are heading to +1570
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!

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-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.