Lingrid

GOLD GROW to RESISTANCE level

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The price continues to form the movement of the previous forecast - namely, to rise to the resistance level .
And I still expect growth.


My expectation of growth is supported by the support zone 1814.82, where the price is now. This zone is formed specifically by the zone - we can see how the price moved in it in July. As well as the support lines that have existed on the chart since June 2020.


Therefore, now I expect that the price will take advantage of this support and grow to the resistance level - at the point 1850.15.

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

I think we'll see $1650 before the end of the year and the price will fluctuate in the $1650-$1750 band for 1Q 21. Stimulus is not likely until 2Q-3Q 21. Price will see $2300 in 21 though.
+6 Reply
Lingrid Sourcer21
@Sourcer21, thank you for sharing your opinion, it is very valuable for me
+2 Reply
Navima Lingrid
Hello everyone , hi, nice that others have the same goal. I draw 2 lines around 1780 and 1650. The course corrected sooo neatly. In a Matter of time we go up again. A Few contracts are open from December, most have been executed, indicating that the Troublemakers have reached their goal ...
+1 Reply
Navima Navima
I draw 2 lines around 1780 and 1650. ( maybe the pin of the candle hits 1750 for a solid bottom.)
Reply
I have a similar vision of the situation.

Also expecting a rise
+3 Reply
Lingrid DeGRAM
@DeGRAM, 👌
+1 Reply
Good luck. Thanks for your sharing @Lingrid
+2 Reply
Still the same view?
+2 Reply
No.
+2 Reply
You could make a signal! The price will go UP📈📈📈
+2 Reply
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