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YMGroup
Dec 8, 2022 6:09 PM

Gold after a possible retest can rise to resistance line Long

GoldOANDA

Description

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

On the chart we can see how the price created a ascending wedge pattern and trades inside.

The price is now trading close to the support line and can go down and test it.

After a possible retest of the support line, the price can bounce back and continue to rise upwards.

Therefore, I set target for Gold at a level 1820 that also coincide with the resistance line.

This is my opinion, I really hope it will be useful for you.
Comments
AtlasTrades
thx bud :) absolutely agree with your opinion about xauusd
Michael_Winner
High quality xauusd stuffs, keep on the good work!
UnitedSignals
Cheers!
ProSignalsFx
Thanks!
TopTradingSignals
I agree with you my friend!
YMGroup
Do not forget ask your questions here.
melikatrader94
thanks for sharing it is great work
TheNewsCrypto
Perfect Analysis
InvestMate
I think there is still a chance to squeeze out of this upward wave in gold by reaching the resistance zone
AnabelSignals
Awesome trade, my friend!
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