XAUUSD Gold Price Update

6 בדצמ׳ 2021

As we can see in the 1H timeframe on GOLD. it broke out of falling wedge with a very bullish candle and right now it came down for a pullback on the previous high. if this hold the price above the level. it will be likely to go up. although we have resistance at 1790.but it could cross this level easily. the target for this pattern is around 1815$ but if this plays out we could go higher than the target.
if we break to the downside from this level we have a good support zone at 1769$ and 1761$.
NOT FINANCIAL ADVICE!