Lingrid

Lingrid | GOLD potential PULLBACK and test of the SUPPORT level

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price perfectly fulfills my last idea. It reached the target level. The gold market made lower low. It broke the previous weekly lows. I think the market may go up for pullback because we can see the bearish impulse is losing is strength move. The support zone between 1935 - 1937 is strong level that's why price is slowing down. Probably it will push price again if the market rejects it. In the meanwhile if price make pullback and fake breakout of the resistance and downward trendline the market may test the support level. My goal is to support at around 1936.70


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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