XAUUSD (W) had a period of strong price increases last week. And is about to break the resistance at the $2080 area.
Over the next 3 to 5 weeks, XAUUSD will reach $2270 (Fibonacci extension (1)).
However, be careful with unusual reversal signals that may be created in the current area.
Over the next 3 to 5 weeks, XAUUSD will reach $2270 (Fibonacci extension (1)).
However, be careful with unusual reversal signals that may be created in the current area.
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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.