FX.co ★ XAU/USD (Gold) trying to move to 1684.81

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Gold (XAU/USD) has broken out and closed above the weekly bearish level at 1191.41 Gold is moving in market maker buy model pattern. It is trying to hit monthly bearish order block at 1684.81 as its primary target and the monthly target at 1795.10. If the bullish bias is strong and gold does not retrace bellow the 1535.51, gold may reach both of these targets.

The overall bias for gold (XAU/USD) is bullish.

(Disclaimer)