Gold NewYear Mid-Term

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A three-week-old ascending triangle restricts Gold price between $1,782 and $1,825. That said, the XAU/USD currently fades bounce off a fortnight-old upward-sloping support line inside the stated triangle, around $1,800 by the press time.

Alternatively, an upside clearance of $1,825 won’t hesitate to challenge June’s peak surrounding $1,880.
Trade attivo
price Reaches first target at 1814

room for 1820~24 and then 1830~33
Trade attivo
price Reaches second target at 1820

now recovering
Trade chiuso: obiettivo raggiunto
Close After Second unsuccessful break of1820
Support and ResistanceTrend AnalysisXAUUSD

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