ForexTrendline

Next target on gold - 1850!

Lång
FX_IDC:XAUUSD   Guld / USA-dollar
On Friday we sent out an analysis on gold where we said we expect price to reach the $1838 and $1850 levels next.
At that point XAUUSD was at $1820.

First target is completed!

Now we expect to see price quickly reaching the $1850! There is a potential to the upside,
however the $1859 level will be the first important resistance for price.

We will be watching this level for certain price reaction and possibly a trade opportunity.

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