DeGRAM

DeGRAM | GOLD correction. Continue to grow.

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold , against the backdrop of economic news, rolled back down very strongly.
But the uptrend remains relevant.
They tested the support of the price channel at 1855.5 and bounced back higher.
Ahead is the level of 1874.5, having returned beyond it,
I expect the instrument to consolidate and continue to grow along the trend at least until the intersection of two resistances at the point 1927.8

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