RLinda ! GOLD-> Possible pullback before further growth

Updated
Price overcomes the triangle resistance in the scenario and forms a momentum of almost 1.5%. Gold is out of the range, breaking through the upper boundary of 1765 and testing the higher volume density zone of 1777-1773. Ahead is the 1784 level. from which I expect a pullback

RLinda ! GOLD-> A triangle on an uptrend. What's next?


The price is heading towards resistance 1784, from which a technical pullback to the previously broken 1765 zone is possible. Since we have an uptrend, I expect growth to continue after the pullback. Targets remain the same.
  • The first target is 1784.
  • The second target is 1807.
  • The third target is 1822.
  • The fourth target is 1858.


Sincerely R. Linda!
Trade active
Gold is already 1804. Almost +2% since the opening of the session
Chart PatternsForexfuturesGC1! (Gold Futures)GoldHarmonic PatternsTrend AnalysisXAUXAUUSD

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