FirstNameHelen

HelenP. I Gold can rebound from trend line and start to rise

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and soon reached support 2, which coincided with the support zone, and some time traded in this zone. After this, the price broke support 2, made a retest, and continued to move up between the trend line, breaking it sometime. After breaking this line again, Gold continued to move up higher this line, but later price fell to the trend line, after which rebounded and in a short time reached support 1, which coincided with one more support zone. Soon, Gold broke this level too and even rose higher, but in a short time turned around and fell back to support 1. At the moment, XAU continues to trades near this level, which also continues with the trend line. For this reason, I think Gold will rebound from the trend line and start to move up, therefore I set my target at 2370 points. If you like my analytics you may support me with your like/comment ❤️

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