YMGroup

Gold after a possible retest can rise to resistance line

Alış
OANDA:XAUUSD   Spot Altın/ABD Doları
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

On the chart we can see how the price created a ascending wedge pattern and trades inside.

The price is now trading close to the support line and can go down and test it.

After a possible retest of the support line, the price can bounce back and continue to rise upwards.

Therefore, I set target for Gold at a level 1820 that also coincide with the resistance line.

This is my opinion, I really hope it will be useful for you.
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.