Long

HelenP. I Gold may exit wedge and continue to grow

Hi folks today I'm prepared for you GOLD analytics. For a long time, Gold has been moving in an uptrend. The price broke through the level of 1970, created an upward channel, and continued to rise. After re-testing the resistance of the channel, the price rebounded, dropped, and left the channel. For a time, the price traded above the 1970 support in the range, after which it left it and continued to rise. Gold reached the level of 2080, rebounded and began to move down, subsequently a downward wedge was created, in which the price is still traded. After a small correction, the price re-tested the resistance of wedge and continued to fall. Recently, the price broke through the level of 1970, traded lower for a while, and started to rise after a re-test support of wedge. Currently, the price is trading close to the resistance of wedge and may continue to rise and break through it. I hope that Gold after leaving the wedge may continue the uptrend. Therefore, goals will be set at levels 2000 and 2040. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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