Lingrid

GOLD GROWTH from strong SUPPORT

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
At the end of November, the price was able to break through the strong support zone , consistently falling below the level and the support line.
However, its fall stopped at another level - 1764.94.

Then she turned into growth. The level support was so strong that during the growth the price was also able to break through the support zone and rise above it.

This is a strong support area formed by the level and also the support line from the year 2020.


Its breakdown and consolidation in the zone indicates that the price is ready to rise in the near future. Thus, I expect the price to rise towards the resistance line.
So, our target is the resistance line 1875.27.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Contact for accurate private forex & crypto signals in Telegram @lingrid

Forex 💲
https://lingridedu.com/telegram

📱instagram: https://www.instagram.com/lingridsignals
💻YouTube: https://www.youtube.com/channel/UCYepXbjcDmPHzl07Y7DxiBg

Comments

You are doing just nonsense
+11 Reply
I really agree with your idea, but I have a different view too

Please check my idea and give your opinion also

+1 Reply
Lingrid rakesh37
@rakesh37, am very pleased to see your idea)
although we have different view, but your idea is good
+1 Reply
thanks for sharing! this is what I see on GOLD :
+1 Reply
Lingrid Saeed966
@Saeed966, 😉
+1 Reply
Thanks for sharing . Excellent.
+1 Reply
Lingrid forexboat
@forexboat, 💖
Reply
I think it depends on the dollar:
Reply
gold grows after bitcoin)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out