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XAUUSD Long it

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Greetings dear traders this is my new analysis on XAUUSD and it is long.

On the chart we can see previous movements and of course on the indicator it is preparing itself for a uptrend.

Since August we can see that the price was in a downtrend position of movement.

We can see that the Horizontal Support is holding that downfall line .

The price has really begun to rise and It continues to expect gold to break through the nearest horizontal resistance line at 1854.47 and it will rise to the horizontal resistance level 1 of 1963.21.

Traders make your own analysis before trading.

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Nota
XAUUSD Long

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