Lingrid | GOLD sustained MOMENTUM towards HIGHER Levels
The price perfectly fulfilled my last idea. It hit the target. XAUUSD has reached the important level of 2650 and broke and closed above it on the daily timeframe. Since there is no historical resistance above this level, the price may continue to push higher. Currently, we are seeing a pullback from the resistance zone, which presents an opportunity to go long from the support area. If the market pulls back toward the support zone and shows signs of rejection, we can anticipate a movement to higher levels. My target is resistance zone at 2670.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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