GOLD BREAK resistance level anf GROW

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday we talked about the fact that for the last week the price has been stuck in the zone between two lines and from this position the price movement can develop in two directions. An important expected moment in both cases is the breakdown of the resistance line 1873.32 or its absence.

Today you can see that the price is following the first scenario, that is, it has started to grow and has already approached the resistance level of 1847.33. Let me remind you that as this variant develops, we expect the price to break through the strong resistance line at 1867.12. Then it will fix on it and continue to grow to the resistance zone 1953.66.

I now expect the price to advance in the first phase of this target. Namely - that it will break through the level of 1847.33, then fix on it and continue to grow. During this growth, the price will come to the resistance line 1867.12.
This will be our immediate goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Contact for accurate private forex & crypto signals in Telegram @lingrid

Forex 💲



good 1
Good job 😘
Lingrid amjad9896
@amjad9896, 🥰
nice analysis..great work
Lingrid DACapitalTrading
@DACapitalTrading, thanks)🤗
4k by end of 2024
Lingrid moshitrade
Good Like always. I have the same idea too.

Lingrid miketiger
@miketiger, nice chart)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out