TradingStat

GOLD: : extension of the bullish forecast

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I am extending my previous forecast as gold has reached my intermediate target - the 1684.49 support zone . Hence, we can expect growth to the resistance line 1774.33.
SL - 1649.22.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.

Comments

keep the good work!
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Be carefully! Rising yields are bad for no-interest-asset-classes. ;-) They also push the US-DOLLAR = Double-Knock-Out for gold ;-) great chart!
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Thanks nice 🦐💎
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Can i buy gold now?
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TradingStat babyjoesreal
@babyjoesreal, Let's wait while price touches 1684/49)
Reply
Great setup ;)
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TradingStat StevesTradingV
@StevesTradingV, Thanks!
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