LegionQ8

Gold after retest support level can start to grow

Lång
FOREXCOM:XAUUSD   Guld / USA-dollar
Hello traders, I want share with you my opinion about Gold. When observing the graph, you can see how the price fall for a long time and as a result formed a downward wedge. The price of Gold subsequently broke through the resistance line of wedge and begin to move uphill. Currently, the price is above the support level 1820, but can go lower and test it. After a possible retest of the support level, the price can continue to move uphill. I think Gold can break through the resistance area and continue to grow. So, I see targets for Gold in the resistance area 1845-1855 and in the seller zone of 1875-1890. Please share this idea with your friends and click Boost 🚀
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