XAUUSD movement within the correction and goes beyond the descending channel. At the time of the publication of the forecast, the price of Gold is $ 1,768 per Troy Oz. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, indicating pressure from sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the level near the 1760 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1835.
Have a nice trade!
Have a nice trade!