Forex_Times

๐Ÿ“Š Gold: How Long Will Corrective Growth Last?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
โš ๏ธ The main scenario for the European session is a rebound from a limit buyer (1739.08) and a subsequent rise.
The nearest resistance is far away - the weekly balance level (1770.00).
โœ๏ธ In case of breakdown and consolidation below the limit buyer (1739.08), the next medium-term support will be the minimum profit level of the options seller (1729.46).
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