OANDA:XAUUSD   Gold Spot / U.S. Dollar
Although my target was 1689 (attached my previous long term analysis), the chart beginning to look like this tbh.

Of course if we lose the purple channel it will be invalidated. And if this analysis is correct, we must see a new and pretty strong up move soon.

I will definitely pay a lot of attention to 1689 (to my previous main target) when / if we reach there but 1700-1705 could be the next high instead of 1689.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.