Gold-Tech

đŸ„‡GOLD - The bull market is ready to strengthen further

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OANDA:XAUUSD   Guld / USA-dollar
GOLD continues its upward path. The price breaks through 1877 and consolidates above the level, which gives the market new upside potential to 1900


TA on the high timeframe:
1) The dollar index is in a falling phase, which gives gold upside potential
2) Gold failed to reach an important target and thus will continue its rise

TA on low timeframe:
1) Breakout of 1877 and consolidation above the level gives us a signal
2) Potential for a new high is forming.
3) I am waiting for growth and reaching 1900 in the medium term.

Key support📉: 1877
Key resistance📈: 1885, 1890, 1900

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