AtlasTrades

Gold can continue rise to $1745 level

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello my friends, today I want to talk to you about XAUUSD.

This is an update to my previous idea on Gold .


The price reached my first target which is located at $1700 level and now this is new support level.

At the moment gold trades near support level.

I expect that price can make small correction to support level and then can continue to move up to second target which is located in middle of resistance area at $1725 level.

Also, I think price can continue to rise higher of resistance area.

Therefore, I added new target which is located at $1745 level.

I expect such a scenario.

This is an article not financial advice, always do your own research

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.



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