FirstNameHelen

HelenP. I Gold can make correction to trend line and rebound up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. A short time ago price rebounded from the trend line and rose to support 2, which is located inside the support zone. A few time later, Gold broke this level, made a retest, and bounced up to 1933 points, but then it made a little correction, after which the price continued to move up. Gold rose to support 1, which coincided with the resistance zone, but at once rebounded down and fell to the trend line, where it some time traded and then started to rise back. Gold reached support 1 again, but this time price broke this level, and at the moment Gold trades very close to support 1 inisde the resistance zone. I expect that Gold can make a correction to the trend line and then it rebounds and continues to move up, breaking support 1 again and exiting from the resistance area too. Therefore I set up my target at the 2025 level. If you like my analytics you may support me with your like/comment ❤️

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