Going Longer Than Ever On Gold(XAUUSD)

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Going Longer Than Ever On Gold(XAUUSD)Gold vs US DollarPEPPERSTONE:XAUUSDJudeOseiBonsuGold has been very bullish for the past two days, showing strong momentum to the upside. Based on the Accumulation–Manipulation–Distribution (AMD) model, I’m currently going long on gold, expecting price to continue pushing higher. Price has already taken out a key northern high, and there’s a strong possibility it extends a bit further upward before any significant move to the downside. That final push higher could be the last expansion phase before a major fall sets in. For now, I’m riding the bullish move and watching closely to see how price reacts at higher levels. Let’s see how it plays out.