thehmdrza

Gold is ready for higher targets!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
With having a glance at the chart, it is clearly evident that gold intended to break the resistance level at 1833 for four times, and it was not successful enough to form a new ascending trend. However, latest quick growth and touching the level 1871 was not really predictable, The hit to the level of 1871 threw down the price about 200pips. The next target as it is already mentioned in the picture (at 1909) is accessible in the end of Dec 2021 if this area would be supported at the zone 1841-1845.
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