YMGroup

Gold price may be correct after upward impulse 1715-1775$

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about GOLD chart.

As you can see in my previous gold idea, price grew up as I said from 1720 to 1775, target zone 1 already reached.

After such upward impulse which we predict in previous idea I think price needs some correction wave.

Price already fall from local high 1775 to below 1770 $ but I think gold can fall more.

Current support level around 1750-1745 coincide with support line of channel.

And I think price can fall to support level and continue to grow because local uptrend is not broke.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
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