GOLD (xauusd) has still potential for further upside
Greetings Folks,
The gold price is trading above the support structure (strong demand zone) and the price is supported by the Dynamic trendline, (rising channel).
If the price continues to hold above the support near the POC volume zone(short term)
We might be expecting the price to move higher towards the next resistance.
Buy after break up of key level 1750
Intraday & Swing
All details on the charts
Good Luck.....
The gold price is trading above the support structure (strong demand zone) and the price is supported by the Dynamic trendline, (rising channel).
If the price continues to hold above the support near the POC volume zone(short term)
We might be expecting the price to move higher towards the next resistance.
Buy after break up of key level 1750
Intraday & Swing
All details on the charts
Good Luck.....
Comment:
Here the same on 1hr chart
Comment:
Let's wait & see!!!