Hello traders, today I want to talk to you about XAUUSD.
I made a few conclusions about Gold.
At the moment price trades is near to resistance level $1795.90.
I expect that price can make small correction to support zone ($1750) and then bounce up and start to rise.
Then, I think price can break resistance line and go higher.
I set up my first target locate at the local high and resistance level $1912.29.
Also, I think price can break resistance level and continue move up until resistance zone.
Therefore I set up second target at $2350.81 (1.618) level.
This is my opinion, I really hope it will be useful for you.
This is an article not financial advice, always do your own research.
And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.
Be prepared and save your money. Make big profits!
I made a few conclusions about Gold.
At the moment price trades is near to resistance level $1795.90.
I expect that price can make small correction to support zone ($1750) and then bounce up and start to rise.
Then, I think price can break resistance line and go higher.
I set up my first target locate at the local high and resistance level $1912.29.
Also, I think price can break resistance level and continue move up until resistance zone.
Therefore I set up second target at $2350.81 (1.618) level.
This is my opinion, I really hope it will be useful for you.
This is an article not financial advice, always do your own research.
And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.
Be prepared and save your money. Make big profits!