DeGRAM

GOLD break support / Grow

Long
FOREXCOM:XAUUSD   Or / Dollar Américain
As I said in my previous forecast, after touching the support line, the price began to rise.
At the beginning of the year, the price broke through the resistance level of 1927.23.
But after a false breakout, it collapsed.
The price stopped in the support zone: the support line from September 2020 + the support line from August 2020.
The price first touched support at 1831.02.
Then it rebounded and broke through the support at 1848.92.
This line is a channel line launched last September.
The price returned to the channel after the breakout and continues to grow.
I expect it to rise to the resistance level.
The target is 1927.23.

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