Gold Weekly Forecast: XAU/USD could target $1,800 mark soon

  • Gold registered its largest weekly gain of 2021.

  • XAU/USD could target $1,800 with a daily close above $1,785.

  • Gold (XAUUSD) Elliot Wave Analysis: Another Buying setup could emerge in Gold, once it breaks out the upper boundary of the channel.

  • XAU/USD was in a Bear Market Territory from August'20 till 31st March'21 almost 235 days from August'20

Hello Participants. As our Subscribers know Gold (XAU/USD) has been giving us a lot of good trading setups recently. In this blog, we’re going to take a look at the latest Trading Setup in XAU/USD. XAU/USD is showing a impulsive- bullish sequences. We’ve been calling for a rally and recommending Commodities Subscribers to keep buying the dips.

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