Gold- Correction could follow
As I said in my previous analysis, Gold is very close to breaking above the range resistance just above 1830 and this could lead to more gains and a touch of 1900 figure.
Yesterday the price reached my 1900 target and from now on traders can expect a correction.
Technically, Gold is facing 1905-1915 zone horizontal resistance and here short-term traders can look for selling opportunities.
However, if you are looking to sell, you should keep in mind that XauUsd is very bullish and has resumed its long-term uptrend.
Yesterday the price reached my 1900 target and from now on traders can expect a correction.
Technically, Gold is facing 1905-1915 zone horizontal resistance and here short-term traders can look for selling opportunities.
However, if you are looking to sell, you should keep in mind that XauUsd is very bullish and has resumed its long-term uptrend.
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📈 Forex & XAU/USD Channel:
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🌟 Premium Contact:
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