Lingrid

Lingrid | GOLD pullback to SUPPORT and NEW Growth

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold market made impulse move up and broke the resistance zone. The bulls are pushed the price up out of the channel on the 1H timeframe. Price action is ranging zone after level breakout. I think if the price falls toward support zone at 1960-1963 then we can buy from it potentially targeting the 2000 level. On the 4H timeframe we can see resistance at 1980 where the price may range. My goal is the resistance zone around at 1989.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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