Yuriy_Kuznetsov

The price moves to a trend line

OANDA:XAUUSD   Guld / USA-dollar
Price of gold moves according to my previous ideas. As I repeatedly specified the price possibly goes to the week trend line at the level of about 1820-1830 which coincides with Fibonacci's level 0.618 from the last growth and also vzdes amounts are located. But after achievement of this level, correction becomes more probable as technical indicators are ready for this purpose. Therefore I expect further correction to level 1920-1925.


Information provided is only educational and should not be used to take action in the market.
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