Hello my friends, today I want to talk to you about XAUUSD.
This is an update to my previous idea on Gold .
The price reached my first target which is located at $1700 level and now this is new support level.
At the moment gold trades near support level.
I expect that price can make small correction to support level and then can continue to move up to second target which is located in middle of resistance area at $1725 level.
Also, I think price can continue to rise higher of resistance area.
Therefore, I added new target which is located at $1745 level.
I expect such a scenario.
This is an article not financial advice, always do your own research
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
This is an update to my previous idea on Gold .
The price reached my first target which is located at $1700 level and now this is new support level.
At the moment gold trades near support level.
I expect that price can make small correction to support level and then can continue to move up to second target which is located in middle of resistance area at $1725 level.
Also, I think price can continue to rise higher of resistance area.
Therefore, I added new target which is located at $1745 level.
I expect such a scenario.
This is an article not financial advice, always do your own research
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.