Xauusd Gold
GOLD
As I wrote in my weekly market preview, gold made a complex pullback toward the main support level. The market formed an ascending channel, and the price might retest the lower border of the channel. Currently, gold is around 50% of the previous week's move. I think gold will range at the current support level for some time, and bulls will attempt to push the price higher. My goal is resistance zone at 2017-2020.
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My past forecasts on GOLD 👩💻
№1GOLD +175p✅
№2GOLD +123p✅
№3GOLD +171p✅
№4GOLD +180p✅
№5GOLD - 91p❌
As I wrote in my weekly market preview, gold made a complex pullback toward the main support level. The market formed an ascending channel, and the price might retest the lower border of the channel. Currently, gold is around 50% of the previous week's move. I think gold will range at the current support level for some time, and bulls will attempt to push the price higher. My goal is resistance zone at 2017-2020.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩💻
№1GOLD +175p✅
№2GOLD +123p✅
№3GOLD +171p✅
№4GOLD +180p✅
№5GOLD - 91p❌
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