Michael_Winner

Gold can make upward impulse and break resistance level

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Today we will look at the price of Gold.
Not time ago price bounced from support line inside of rising channel.
At the moment Gold trades near of support level.
I expect that price can bounce up to my first target which is located at $1760 resistance level
Also, I think that Gold can make retest new support level and continue move up.
For this reason, I set up my second target inside of target zone at $1773 - 1775

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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