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GOLD - After correct to support line, price can bounce to $2930

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Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Recently price started to grow inside upward wedge, and soon reached $2855 level and broke it, after which made retest.

Then Gold some time traded near this level, corrected to support area and then continued to move up.

Later it reached resistance line of wedge, before making a gap, after which price turned around and dropped.

Price almost fell to support line of wedge and then bounced up to resistance area, after which quickly fell back.

Next, price in a short time rose to resistance line of wedge, breaking $2930 level, but then started to decline.

In my opinion, after a breakout of $2930 level, Gold can bounce up to $2970 from support line and exit from wa edge.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.