Gold have chances break resistance level and rise to main target
Hello my friends, today I want to talk with you about Gold .
For the current moment, I think gold needs an upward correction.
Because price already break resistance line (trend line) and can reverse.
Price bounced from bottom below support level 1730$
And then rose to resistance level around 1750-1755 $
Now I think gold can rise at first to resistance level 1753$ and if or when price will break it we can me upward movement to main target.
Our main target is resistance level 1770$ and I think price can hit it.
Gold still can a little decline to local support level 1740 before going up, I think this is possible.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
For the current moment, I think gold needs an upward correction.
Because price already break resistance line (trend line) and can reverse.
Price bounced from bottom below support level 1730$
And then rose to resistance level around 1750-1755 $
Now I think gold can rise at first to resistance level 1753$ and if or when price will break it we can me upward movement to main target.
Our main target is resistance level 1770$ and I think price can hit it.
Gold still can a little decline to local support level 1740 before going up, I think this is possible.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.