GOLD - Price can make correction to support line and bounce up
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
After price bounced up from area, it started moving up to resistance line and broke $1900 level.
Also, later price made correction to this level and bounced up again to $1955 level.
Then, Gold made strong downward impulse to $1820 level, thereby broke $1900 and $1865 levels which coincide with support area.
A not long time ago price tried twice to break resistance line and on second try finally broke it.
As well Gold broke $1830 level and now I expect that price can make a little correction to support line and then start to rise.
Next, in my mind Gold can break $1865 and continue to move up to $1880 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced up from area, it started moving up to resistance line and broke $1900 level.
Also, later price made correction to this level and bounced up again to $1955 level.
Then, Gold made strong downward impulse to $1820 level, thereby broke $1900 and $1865 levels which coincide with support area.
A not long time ago price tried twice to break resistance line and on second try finally broke it.
As well Gold broke $1830 level and now I expect that price can make a little correction to support line and then start to rise.
Next, in my mind Gold can break $1865 and continue to move up to $1880 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️