Downloading...
Gold Spot / U.S. Dollar
Long
Updated

Bullish Sentiment Returns to Gold?

3 451
Hello everyone, what are your thoughts on XAUUSD?

From a technical perspective, XAUUSD has just retested its long-term ascending trendline and formed a bullish reaction candle, suggesting that buying pressure may be returning.

Recently, a survey of 206 investors revealed that market sentiment remains optimistic, with 66% expecting gold prices to continue rising, 19% predicting a decline, and 15% anticipating a sideways market.

What do you think? Share your opinion in the comments!
Trade active
Gold decreased slightly to 3315 USD at the beginning of the third session
Note
XAUUSD under pressure – Is the downtrend just beginning?

New update, start discount?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.