XAUUSD reaches our goal of 2400. The psychological level is tested, but 2400 does not mean expensive. The growth may continue as the potential and interest is still huge. 
From 2400 a correction to the nearest area of liquidity can be formed. The market needs to rest and accumulate a bit before breaking through 2400 to continue further upside as fundamentally, economically and geopolitically nothing has changed. High interest, inflation problems continue to warm the price to further strengthening.
Before the growth the price may correct to 2383, 2375 or 2365, or consolidation between these levels, after which the price may return to retest 2400.
Resistance levels: 2400, 2425
Support levels: 2383, 2375
Technically, we should wait for the continuation of growth after a small pullback. At the moment there are no reasons for a reversal or a strong fall. The fundamental background and general potential remains the same
DXY MGC1! GC1! Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.