RLinda ! GOLD-> Possible pullback before further growth

1 déc. 2022

Price overcomes the triangle resistance in the scenario and forms a momentum of almost 1.5%. Gold is out of the range, breaking through the upper boundary of 1765 and testing the higher volume density zone of 1777-1773. Ahead is the 1784 level. from which I expect a pullback

The price is heading towards resistance 1784, from which a technical pullback to the previously broken 1765 zone is possible. Since we have an uptrend, I expect growth to continue after the pullback. Targets remain the same.

• The first target is 1784.
  
• The second target is 1807.
  
• The third target is 1822.
  
• The fourth target is 1858.
  

Sincerely R. Linda!

1 déc. 2022

Transaction en cours

Gold is already 1804. Almost +2% since the opening of the session