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Michael_Winner
Nov 26, 2022 1:25 PM

Gold can make correction to support level and start to move up Long

GoldOANDA

Description

Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of XAUUSD.
Recently, price fell from resistance area to support level and broke old support line and old support level.
Also, Gold bounce up of support level and now trades close to resistance level.
I expect that price can make correction to support level and then start move up.
And I think that gold can break resistance level and continue move up.
Therefore i set up my target at $1780 level.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Comments
VasilyTrader
Great charting style, thank you!
DeGRAM
Thank you for sharing
UnknownUnicorn15614419
Good description of the idea and technical analysis of the chart! Checked the cluster analysis and do not doubt the idea) Already waiting for the exact workout.
Solldy
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
Leo-btm
the same bais but with different entry, good luck
UnitedSignals
Thank you for that!
TheNewsCrypto
Very Good
Williamforex
Very possible
Lucyfer6
descending triangle pattern
AtlasTrades
Thank you for your XAUUSD idea! I hold some position
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