HelenP. I Gold may continue an upward trend

há 3 dias

Hi folks today I'm prepared for you Gold analytics. In this scenario, we can observe how the price initially reached Support 2 before dropping further to Support 3, eventually breaking through and touching the trend line. From there, the price began to rise, fluctuating between the trend line, and soon broke through Support 3 once again. After this, the price made a slight correction toward the support zone before climbing back to the trend line, continuing to move upward just below it. Shortly after, Gold reached Support 2 again and swiftly broke through, even making a false breakout of the trend line before correcting back to the support zone. Following this move, XAU resumed its upward trajectory, eventually breaking above the trend line and reaching Support 1, which aligned with the support zone. The price continued its bullish movement, surging as high as 2942 points before correcting back to the trend line. Currently, Gold remains in an uptrend, and I anticipate another correction to the trend line before continuing its upward movement. Based on this outlook, I have set my target at 3000 points. If you like my analytics you may support me with your like/comment ❤️

anteontem

Trade ativo

Okay, the price starts to decline to the trend line. So, when it reaches this line, I expect it to rebound and continue to increase.

ontem

Trade fechado: objetivo atingido

Okay, I expect that Gold will fall to trend line and then continue to grow.