AtlasTrades

GOLD will continue to grow to next target zone around 1840$

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello my friends, today I want to talk with you about Gold.

As I wrote in my previous gold idea - price will continue to grow to target zone around 1800$ and this happened.

As I wrote in previous idea, Gold price broke resistance line and made retest.

After price show another upward impulse in our target zone from previous idea 1800$

Nor now price trades on support/resistance zone (previous target) but still trades below.

I think soon price will break this zone and will go higher to next target zone around 1840$ or so.

Price still can make pullback to 1775-1765$ but then I expect continuing upward movement.

So be ready for such scenario.

This is an article, not financial advice, always do your own research.

If you have any questions, you can write it in comments below, and I will answer them.

And please don't forget to support this idea with your like and comment, thank you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.