Lingrid

Lingrid | GOLD pullback to SUPPORT and NEW higher Highs

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold reached a new high and lost momentum. I think the market may pull back to support at 2000–2002, where impulse moves occurred. If the price falls toward the support level, then we can expect a retest of the recent resistance zone. On the daily timeframe, the market broke and fixed above the previous resistance. It suggests bullish dominance. My goal is the resistance zone around 2022.


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