FirstNameHelen

HelenP. I Gold can continue to rise inside the upward channel

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. A few days ago price rebounded from the support level, which coincided with the support zone, and started to decline to the trend line. After the price reached this line, it at once bounced and made impulse up to the support zone, and soon reached the 1935 level too. Gold also started to trades in an upward channel, where it finally broke the 1935 level and rose to the resistance line of the channel. But some time later price rebounded from this line and fell to the support level, which this moment coincided with the trend line and support line of the channel. After this movement, Gold rebounded and continued to move up near the support line with the trend line. Now, I expect that the price can fall a little more, making the correction, and then continue to grow in an upward channel. That's why I set my target at the 2110 level. If you like my analytics you may support me with your like/comment ❤️

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