FirstNameHelen

HelenP. I Gold trades inside triangle and may continue to grow

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hi folks today I'm prepared for you GOLD analytics. Gold continued its uptrend and reached resistance at the level of 2000, the price tried to break through resistance, but could not fix higher and returned and fell. The price made a deep correction, after which it continued to rise and broke through the current resistance. Gold reached the mark 2050 and formed a resistance zone from which it began to fall. For some time, an ascending triangle was created, in which the price is currently trading. After testing the trendline that corresponds to the support of the triangle, the price began to rise, broke through the resistance zone of 2050-2060, but without fixing it above, began to fall and fell to support at the level of 2000. Recently, the price, after a re-test support, bounced and started to rise. For now, the price is trading below the resistance zone, but may continue to rise and reach it. I hope that the uptrend may continue, so the goal for Gold will be set in the zone 2050-2060. If you like my analytics you may support me with your like/comment ❤️

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