Michael_Winner

Gold can make correction to support level and start to move up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.

Today we will look at the price of XAUUSD.
Recently, price fell from resistance area to support level and broke old support line and old support level.
Also, Gold bounce up of support level and now trades close to resistance level.
I expect that price can make correction to support level and then start move up.
And I think that gold can break resistance level and continue move up.
Therefore i set up my target at $1780 level.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.