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fxpremiere
May 10, 2021 10:21 AM

XAUUSD 10 05 2021 Long

GoldOANDA

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XAUUSD 10 05 2021

The price has broken through the strength of the support zone 1800.29. In this zone, three strong lines intersect at once: June 2019, June 2016 and December 2015. A breakdown of such a strong zone is a good sign for growth. And I am updating my forecast. Now I expect that the price will first roll back and consolidate in the zone at 1802. 40 , and continue to grow and come to the resistance level of 1871.85. This will be our goal.
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