GOLD - Price can correct to support area and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some time ago, the price started to grow inside the wedge, where it immediately corrected from the resistance line to $2864 points.
Then it turned around and started to grow inside the wedge, soon broke the $2885 level and continued to grow.
Price later reached $2940 level and even long time traded near this level and later broke also broke it.
But soon, Gold turned around and made a downward movement, thereby breaking $2940 level and exiting from a wedge.
Next, price entered to triangle and continued to fall in it, and even reached a support level, after which bounced up.
So, I think that Gold can bounce from support area and rise to $2920, exiting from a triangle.
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