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Forex news -forex broker review => Forex => Topic started by: forex4you on Mar 02, 2022, 12:06 pm

Title: GOLD Target Achieved. Are We Heading Higher?
Post by: forex4you on Mar 02, 2022, 12:06 pm
GOLD Target Achieved. Are We Heading Higher?



GOLD Target Achieved. Are We Heading Higher?




Gold OANDA:XAUUSD





Hi Traders,


Yesterday, we were watching gold to see if we would have a break and retest on that symmetrical triangle. Sure enough, we had that. Price broke to the upside, wicked down to retest the top of that triangle, and then began its move up to the 1950s level.


A nice first target would have been around the 1950 level. Let's watch what happens and see if there's another opportunity to scale in and catch a move to 1970.


We need to see price break 1950 with conviction and close above it before looking for another entry point.


Here is the youtube vid explaining yesterdays analysis


https://www.youtube.com/watch?v=leWt-dBKQr0


Trade safe,


Vortex 


Source: GOLD Target Achieved. Are We Heading Higher? (http://aroundworld24.com/2022/03/02/gold-target-achieved-are-we-heading-higher/)