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Gold -> Wait For This Daily Setup!

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FXOPEN:XAUUSD   Guld / USA-dollar
Hello Traders and Investors,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold💪

After the simply monthly break and retest and also a retest of the 0.382 monthly fibonacci retracement Gold perfectly created the bullish continuation towards the upside.

With the recent break and retest of a major previous weekly structure zone, in confluence with bullish moving averages, I simply do expect more growth on Gold over the next couple of weeks.

My last analysis on Gold - linked below - perfectly played out once again and I am now just waiting for a clear breakout of the bullflag and a break above resistance and then also the path on the daily timeframe is clear fore more upside.

Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈

Thank you for watching and I will see you tomorrow!

My previous analysis of this asset:

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www.basictrading.net

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Keep your long term vision.
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