GOLD (XAU/USD): break and re-test done, time to fly!

As it can be inferred from the chart, after a massive bullish candle penetrated through the zone of resistance identified on the chart, a nice re-test has been completed as well. We are now expecting for the price to keep rising and reach the area of resistance illustrated on the graph. The sentiment of the market is bullish, so we believe that the probability of the price reaching the zone of supply is really high.