Or / Dollar Américain
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XAUUSD - Conquered with 1970 USD challenges

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Hello traders!

Today, Gold continues to maintain its positive trend with trading prices around $1936, after receiving a series of good news from the market yesterday.

Looking at the technical picture on the 1-hour time frame, we can see that Gold is staying within an upward channel. However, it is currently consolidating around the highest level, so sellers will likely push the price of Gold down in the near future, testing the $1915 level. This upward trend is expected to continue with a projected increase to $1915.
Note
Gold supports the buyer
Transaction en cours
Note
The strong demand from India can promote the rise of gold.
Trade fermée: cible de profit atteinte
Note
Old vertex test thanks to the increase in channel
Note
Gold continues to promise a new peak on high price!

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