Lingrid | GOLD trend CONTINUATION

The market indeed moved lower after the news release. However, XAUUSD did not reach the target level. This tells us that we have bullish dominance in the market. We have upcoming news that can potentially move the price lower once again. If the market rolls back to the support level to retest the support level, which was low on Monday, then we can look for buying confirmation. I think the market might seek liquidity near the support level at 2300. I expect the price to bounce off the key level and an upward trendline followed by a bullish move. My goal is the resistance zone at 2360.00


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻