Gold can make retest support line and continue to grow
Hello traders, I want share with you my opinion about Gold. Watching the Gold, we can see how the price has moved up for a long time and break through resistance level 1935. Price reached the level 2010, from which it bounced and began to fall. We see the price formed the buyer zone 1945-1935, from which it start to grow. After a few fake breakouts of the resistance level, the price made a deep correction, tested the buyer zone, and continued to move up. Currently, the price is above the buyer zone and after retest of the support line may continue to rise. I think the price can keep moving up and reach the resistance level, so I set 2 goals at level 1970 and at resistance level 1995. Please share this idea with your friends and click Boost 🚀
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💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
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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.