GOLD - Price can correct to support area and then continue grow

17 Mac

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

A few moments ago price started to grow inside a rising channel, where it so long rose near support line and reached $2845 level.

Then Gold broke this level, exited from channel and started to trades inside flat, where it at once made retest.

After this movement, Gold started to grow and later grew to top part of flat, which coincided with $2955 level.

Price some time traded near this level and then corrected to support area, after which started to grow.

Gold rose to $2955 level and broke it, thereby exiting from flat too and then it continued to move up next.

Possibly, Gold can fall to the support area, correcting, and then continue to rise to $3040

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18 Mac

Dagangan aktif

Wow! Gold grew more, without correction movement, amazing! I think it can soon reach my target and continue to grow next.