Gold could accelerate its gains

٣٠ مايو ٢٠٢٢

As I warned last week, Gold has corrected and has dropped to confirm the 1835-1840 zone as support.
After this correction, the price has reversed up and now is trading at 1861.
Last week's high should provide resistance at this moment and a break to the upside should accelerate gains towards the 1900 important zone.
My outlook remains unchanged from last week: buy dips.
I will remain bullish as long as the 1835-1840 zone is intact.