RLinda

GOLD ! Price in range. Limit levels hold a range

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold tested the support of the 1810 range yesterday. After a false breakout, the price recovers, breaks through the level of 1833.5 and rolls back for a possible consolidation.

On the chart, we see two limit zones - 1865.97 and 1810.5, which force the price to trade in consolidation. Since the current liquidity zone remains on top, I expect the price to rise to resistance.

I assume the growth of gold after a pullback. Short-term target - resistance 1865.97

Sincerely, R. Linda!

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