Gold is trades inside triangle and can rise to resistance line

30 мар. 2023 г.Hello traders, I want share with you my opinion about Gold. Looking at the graph, we can see how Gold re-tested the buyer zone 1915-1905, from which formed an upward impulse and broke through the resistance level 1980. Over time, the price has created a symmetrical triangle, and it now trades inside. We see how, after a small correction, the price re-tested the support line and continued to move upwards. Currently, the price is trading above the support line and can continue to rise and break through the resistance level. I think that after a possible breakdown of the resistance level, Gold can continue to grow and reach the resistance of the triangle. Based on this data, I set 2 goals at resistance level 1980 and at level 1995 which coincide with resistance line. Please share this idea with your friends and click Boost 🚀