UnknownUnicorn15614419

GOLD: continuation of bullish trend after correction

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In the process of growth in the ascending channel from the support level of 1677.45, the price was able to break through the strong support zone of 1760.82. In this zone, the support level and the line of August 2020 intersect. After the breakout and consolidation, the price rose to the resistance line of the middle of the channel 1845.07. Then she again rolled back to support. Now we can expect the price to fix at 1811.41 support. And will rise to the resistance of 1862.19.

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