TradingAlchemist

XAUUSD🤑 Retest support line?📈

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The GOLD price forecast assumes an attempt to test the support level near the 1725 area. Then, the GOLD prices will continue to rise with a target above the level of 2065. A test of the trend line on the relative strength index ( RSI ) will be in favor of raising the quotes. Cancellation of the growth option for GOLD will be a fall and a breakdown of the level of 1655. This will indicate a continued decline in quotations to the area below the level of 1565.

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