DeGRAM

GOLD forecast extension / Growth

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
At the beginning of the week, the price came to the support zone 1692.34.
Then the growth began.
After the price broke through the area of 1692.34, it began to work out the correction.
I expect the price to consolidate towards the zone first.
And then it will continue to grow and break through the nearest resistance at 1727.25.
Then it will rise to resistance.
The target is 1755.55.

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