Gold may continue to rise and reach a resistance zone
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Today, we will look at the price of XAU/USD.
Looking at the chart, we can see how the price bounced off the support zone and formed an upward impulse.
Gold is currently trading above the support zone.
I expect the price can continue to rise and reach the resistance zone.
Thus, I decided to set two goals. 1- 1690; 2 - 1725-1730.
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 XAU/USD.
Looking at the chart, we can see how the price bounced off the support zone and formed an upward impulse.
Gold is currently trading above the support zone.
I expect the price can continue to rise and reach the resistance zone.
Thus, I decided to set two goals. 1- 1690; 2 - 1725-1730.
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
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