Lingrid | GOLD surges ABOVE 2600 level. OPPORTUNITY to go Long

20 sept.

The price perfectly fulfilled my last idea. It hit the target level. XAUUSD made an upward extension by breaking and closing above the psychological level of 2600. Given that today is Friday, a day when the market typically experiences retracement or becomes range-bound, I anticipate some consolidation above this level. I expect a pullback, as the market has started to form smaller candles, indicating a pause or loss of momentum. I expect the market moving below the psychological level to take liquidity before continuing its upward trajectory. My target is resistance zone around 2621

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