XAUUSD Gold Long
#WaveAnalysis
#Gold broke key resistance level 2000.00
Likely to rise to resistance level 2050.00
Gold recently broke the key resistance level 2000.00 (which stopped the previous waves (1), B and 1, as can be seen below).
The breakout of the resistance level 2000.00 continues the active minor impulse wave 3 which belongs to wave (3) from the start of this month.
Gold can be expected to rise further to the next resistance level 2050.00 (former strong resistance from April and May) – from where the downward correction is likely.
#Gold broke key resistance level 2000.00
Likely to rise to resistance level 2050.00
Gold recently broke the key resistance level 2000.00 (which stopped the previous waves (1), B and 1, as can be seen below).
The breakout of the resistance level 2000.00 continues the active minor impulse wave 3 which belongs to wave (3) from the start of this month.
Gold can be expected to rise further to the next resistance level 2050.00 (former strong resistance from April and May) – from where the downward correction is likely.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.