WalterMoon

GOLD - Price can make correction to support line and bounce up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

After price bounced up from area, it started moving up to resistance line and broke $1900 level.

Also, later price made correction to this level and bounced up again to $1955 level.

Then, Gold made strong downward impulse to $1820 level, thereby broke $1900 and $1865 levels which coincide with support area.

A not long time ago price tried twice to break resistance line and on second try finally broke it.

As well Gold broke $1830 level and now I expect that price can make a little correction to support line and then start to rise.

Next, in my mind Gold can break $1865 and continue to move up to $1880 level.

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