Yuriy_Kuznetsov

Gold continues correction up

Long
Yuriy_Kuznetsov Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price of gold tries to exhaust buyers and sellers. However, if you know an ultimate goal, then it is possible not to worry. Yesterday the price punched a local downside channel up and can move further to the purpose. My purpose on correction 1890-1895, that is to the upper bound of a downside channel on the week chart where amounts of buyers and sellers are located. The movement to level 1915-1920 is also possible.


Information provided is only educational and should not be used to take action in the market.
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