Money_hunters

Important gold support in 1h

FX:XAUUSD   Guld / USA-dollar
Hello
I hope you have used the previous analyzes correctly and have benefited
According to the previous analysis, we expected the formation of Head and Shoulders and the crossing of the 1755 level, which happened.
Now the price is involved in 1h timeframe with the moving average of 200 and the 23.6 Fibonacci level, if it succeeds in breaking these levels. We can expect 1722, but if it is rejected, a triangle will be formed and the price will be directed towards the trendline above the triangle.
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