GOLD: forecast extension, price is ready to rise
We extend my previous forecast as the price is still in the support zone, although it has already tried to leave it. however, the growth turned into a correction. So now we can say that the price is fixed on the zone. I continue to expect growth for this reason. We can expect that from the strong support zone at 1689.45 the price will rise to the resistance at 1773.22.
SL - 1644.60.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1644.60.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.