HelenP. I Gold will make small correction and then continue rise

27 ott 2024

Hi folks today I'm prepared for you XAUUSD analytics. If we look at the chart we can see how the price some days ago rebounded from the trend line and rose to support 2, which coincided with the support zone. Then the price broke this level and then continued to move up, until it reached 2680 points, after which it turned around and made a correction movement to the trend line. When Gold reached this line, the price broke it and dropped to support 2, but soon turned around and in a short time rose to the trend line and even made a gap. Then price some time traded near the trend line and later broke it. After which Gold reached support 1, which coincided with one more support zone, broke it, and rose even higher in this area. But sometimes, the price fell to the support zone, and now it rising. For this case, I expect that XAUUSD will make small correction and then continue to move up, therefore I set my goal at 2775 points. If you like my analytics you may support me with your like/comment ❤️

28 ott 2024

Trade attivo

Great! Price little fell, so, at the moment I expect that it will fall to the trend line and then start to grow to my goal:

29 ott 2024

Trade attivo

Good! Gold continued to grow, for this case, I think it can make a small movement down and then continue to move up to my new goal ($2795):

30 ott 2024

Trade chiuso: obiettivo raggiunto

Great! Gold reached my past goal ($2775 points)! So, now I think it soon can reach my new goal ($2795) and then make correction.