AtlasTrades

Gold break trendline and can rise to $1730 as correction of fall

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

Now we can see clear ABC correction pattern from 1800 to 1690 $

First time after wave A gold broke trend line and show upward impulse as correction of fall.

After this we saw wave C from 1765 to 1690 $

For now gold also break trend line and I think soon we can see re-test and 2nd upward impulse as correction of fall in wave C

First target will be resistance level 1730 $ but I think gold can rise higher.

That's why I will update this idea after sometime.

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.
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