XAUUSD; A RETEST, TARGETING 2000 THEN 2077
HELLO TRADERS
before we take a look at gold first lets take a look at gold index XAU
xau has been very bullish and faced a strong resistance but finally managed to break above it refer to the image below
this being an ATH for XAU we expect a very strong move to the upside
now back to XAUUSD
GOLD finally managed to break above a strong resistance at 1972, moved higher to 1978 after a retest at 1972 again
we expect a continuation to the upside
our target will be resistances at 2000 and 2077
a drop and daily close below 1963 will make this analysis invalid
GOOD LUCK TRADERS
PEACE OUT
IF YOU FIND VALUE IN THE IDEA GIVE IT A LIKE
before we take a look at gold first lets take a look at gold index XAU
xau has been very bullish and faced a strong resistance but finally managed to break above it refer to the image below
this being an ATH for XAU we expect a very strong move to the upside
now back to XAUUSD
GOLD finally managed to break above a strong resistance at 1972, moved higher to 1978 after a retest at 1972 again
we expect a continuation to the upside
our target will be resistances at 2000 and 2077
a drop and daily close below 1963 will make this analysis invalid
GOOD LUCK TRADERS
PEACE OUT
IF YOU FIND VALUE IN THE IDEA GIVE IT A LIKE
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