FirstNameHelen

HelenP. I Gold will break trend line and rise to resistance zone

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. Some days ago price reached resistance 2, which coincided with resistance zone, and soon broke this level and rose to the trend line. But then the price turned around and in a short time declined below resistance 2, breaking it again and later Gold tried to back, but failed and continued to fall. Soon, the price fell to resistance 1, which coincided with one more resistance zone, after which Gold turned around and in a short time rose to the trend line and broke it. Next, the price reached resistance 2, tried to break it, but failed and in a short time declined to trend line. After this, XAU rebounded from the trend line and continued to fall to resistance 1, and soon price reached this level broke it and a not long time ago declined to 1985 points. But also recently, XAU turned around and rose to the trend line, where at the moment it continues to trades very close. I think Gold will bounce down from the trend line, after which price can start to rise to resistance zone, thereby breaking the trend line with resistance level. That's why I set my target at this zone - 2010 points. If you like my analytics you may support me with your like/comment ❤️

🚀Details if you interested in my Crypto or Forex & Gold Premium signals 👉🏼 t.me/helenp_trading/3474

❤️ Welcome to my free telegram channel 👉🏼 t.me/helenp_trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.