TradingView
DeGRAM
Mar 3, 2021 9:58 AM

GOLD forecast extension / Growth Long

OANDA:XAUUSD600
GoldOANDA

Description

⋅
The previous forecast continues to come true.

Namely: the price bounced off the 1714.98 support.
Then the growth began.
I expect the price:
- will break through the resistance 1744.76
- will break the next line 1764.07.
- will rise to resistance.
Target - 1801.09

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Trend AnalysisXAUUSDLONGForex
Comments
Lingrid
⋅
do you agree that gold is an insurance policy against the crisis?🤔
DeGRAM
⋅
@Lingrid, Yes, this asset is always in demand in a crisis.

But lately, investors seem to prefer cryptocurrencies.
Solldy
⋅
Two strong lines on the way to gold! As far as I understand, they should serve as stepping stones to success?
DeGRAM
⋅
@Solldy, Yes this is correct.

Thanks.
TradingAlchemist
⋅
gold may fall due to rising yields on us government bonds and stocks?
DeGRAM
⋅
@TradingAlchemist, It is necessary to assess the situation as a whole.
UnknownUnicorn15614419
⋅
In general, I adhere to the same idea - growth. However, I am concerned about corrections at the resistance lines. Will the price be strong enough to break them?
DeGRAM
⋅
@TradingStat, I think yes.

Thanks.
fcpomz
⋅
Let's hope for the best my friend 🤞
Thank you!
DeGRAM
⋅
@fcpomz, Thanks for support.
More