YMGroup

Gold may decline after a possible retest of the resistance level

Kort
OANDA:XAUUSD   Guld / USA-dollar
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.

Today, I want to talk to you about the Gold chart.

On the chart, we can see how Gold trades inside of range.

Currently, the price trades near top part of this range.

Gold can rise and retest the resistance level 1810 and bounce back.

I expect that the price can start to fall after a possible retest of the resistance level.

In this case, the target for Gold I set at level 1780.

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