FirstNameHelen

HelenP. I Gold will make little correction and then rebound up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. Recently price rebounded from the trend line and started to move up near this line to the support zone, and when Gold reached this zone, it soon broke the support level too. After this, the price made a retest and in a short time rose to the resistance level, which coincided with the resistance zone and even rose higher, but soon turned around and made a correction movement. Then the price rose to the 2400 resistance level again and then rebounded down to the trend line, which also broke and continued to decline to the 2300 support level. After this movement, the price some time traded near this level and a not long time ago rebounded and started to move up. So, at the moment, I expect that Gold will make a correction move almost to the 2300 support level, after which it can turn around and continue to grow to the trend line. For this reason, I set my target at the 2400 level, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️

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