Gold-Tech

๐Ÿฅ‡GOLD - The bull market is ready to strengthen further

ืœื•ื ื’
OANDA:XAUUSD   ื–ื”ื‘ / ื“ื•ืœืจ ืืžืจื™ืงืื™
GOLD continues its upward path. The price breaks through 1877 and consolidates above the level, which gives the market new upside potential to 1900


TA on the high timeframe:
1) The dollar index is in a falling phase, which gives gold upside potential
2) Gold failed to reach an important target and thus will continue its rise

TA on low timeframe:
1) Breakout of 1877 and consolidation above the level gives us a signal
2) Potential for a new high is forming.
3) I am waiting for growth and reaching 1900 in the medium term.

Key support๐Ÿ“‰: 1877
Key resistance๐Ÿ“ˆ: 1885, 1890, 1900

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