avershinsky

XAUTUSD: - a gold's bounce off trendline to 1920

Long
avershinsky Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Decline towards uptrend support. The price went into the support zone. you can place orders to exit the zone with the target of the 1870 area.

If there is a break down, we wait for a correction to the trend line and sell from there if there are no signs of upward movement.

The target is 1920.
Trade active:
In the last roundup, the target price was 1900, well, gentlemen, we are almost there. Now XAU is fixed on the price corridor of 1870 and I am in anticipation of further growth.

Indicators show oversold, so you should wait for the next trading session and watch the result.

The forecast is the same - 1900.
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