Or / Dollar Américain
Long

GOLD forecast extension / Growth

1 298
At the beginning of the week, the price came to the support zone 1692.34.
GOLD start of new growth

Then the growth began.
GOLD reasons for growth

After the price broke through the area of 1692.34, it began to work out the correction.
I expect the price to consolidate towards the zone first.
And then it will continue to grow and break through the nearest resistance at 1727.25.
Then it will rise to resistance.
The target is 1755.55.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

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.