Gold can make retest of support line and then start to grow
Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.
Today we will look at the price of Gold.
After price bounced from support area, Gold started trading inside of upward channel.
At the moment Gold trades close to support line.
I expect that on Monday when Forex market will opens, Gold can decline to support line and then start to grow.
For this case, I set up target at $1810 which also coincide with resistance area.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of Gold.
After price bounced from support area, Gold started trading inside of upward channel.
At the moment Gold trades close to support line.
I expect that on Monday when Forex market will opens, Gold can decline to support line and then start to grow.
For this case, I set up target at $1810 which also coincide with resistance area.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits