Wishforme1997

XAUUSD gold go long

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The quotes of XAUUSD continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Gold is 1933 Dollars per Troy Ounce. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 1902 area. From where we can expect a rebound upward and continued growth in the price of Gold with a potential target above the level of 1965.
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