ForexTrendline

What are the next levels for GOLD

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Price has perfectly tested the buy zone which we layed out in our previous video analysis

We're expecting a move higher, but then also a possible pullback to levels below the most recent low.

There are some potential opportunities when it comes to day trading, so if that's your style then again - you can see the levels expected in the video.

I would suggest limiting your target levels to around the 2000$ level because we might then see another pullback before continuing higher.

Good luck!

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.