Lingrid

GOLD why the price GROW?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Let me remind you that yesterday we said that the price passed in accordance with the first version of my forecasts announced last week.

From the support zone, it began to grow, then broke through strong level and then - the resistance line, after which it made a sharp rollback but returned to its previous positions. after a small downtrend, the price pulled back at a strong support level.

Yesterday the price continued my forecast showing a small upward movement during the day.


Now the price is at position 1855.64 - within the strong support created by the line of 2019 and the support level of 1847.33. Since the price has already broken through this line and is now in the process of an upward correction, I expect that - given the strong support - the price will continue to rise more confidently.

My final target in this way is the 1959.43 resistance level.

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

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