HelenP. I Gold will break resistance level and continue move up
Updated
Hi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the trend line and then started to grow inside the wedge. In this pattern, Gold quickly rose to the support level, which coincided with the support zone, some time traded in this area, and later broke the 2475 level. After this movement, XAU rose to the resistance level, but at once turned around and fell back to the support level. Soon, the price rose to the 2525 level again, which coincided with the resistance zone and some time traded near, after which made a correction movement to the support level, which coincided with the support line of the wedge too. Next, the price at once rebounded up to the resistance level, then soon bounced and fell back, but not long time ago it in a short time rose back to this level. Now, I expect that XAUUSD will break the resistance level, exiting from the wedge too, and continue to move up. For this case, I set my goal at 2560 points. If you like my analytics you may support me with your like/comment ❤️
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Gold made little correction, as I said and now it rising to the resistance level. So, in my mind, it can reach this level, break it, and continue to move up to my goal:
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