RLinda

GOLD ! Rollback to rising support line

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is pulling back to an upward support level for liquidity. On the chart, we see a clear range of 1866 - 1810.5, in which gold has been since the beginning of May.

Since we have a fairly strong ascending support line, it makes sense to expect a rollback from it.

I assume that the price can test the support, make a false breakout and form a price rollback. Short-term target - resistance 1833.5

Sincerely, R. Linda!

🤩I trade with a major player, I know where his orders are

💪🏽Average profit on crypto ➕2️⃣0️⃣0️⃣0️⃣% per month

💪🏽Average Forex profit ➕2️⃣5️⃣0️⃣0️⃣ pips per month

😎I know all the traps of a market maker

📲My telegram https://bit.ly/3MzgvhH
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.