Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD retest of the resistance

GOLD is in an ascending channel between the trend lines.

The price is moving from the lower boundary of the channel and dynamic support, which previously acted as a rebound point.

The chart maintains an ascending structure.

We expect the growth to continue in the channel.

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snapshot
GOLD is in an ascending channel between the trend lines.

The price is moving from the support level.

We expect XAUUSD to successfully continue rising if it can consolidate above the dynamic resistance.
Trade closed: target reached
DONE - the goal has been reached! Closed + 2271 PIPS

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