RLinda

RLinda ! GOLD-> Continuation of growth after a pullback

לונג
OANDA:XAUUSD   זהב / דולר אמריקאי
Gold is in a very active phase. The strong impulse against the main trend is formed. Let me remind you that earlier there was a false breakdown relative to the key liquidity zone.
Globally, the gold is in a strong decline, but there was a false-break, after which we see higher trading volumes and a strong momentum, which breaks through the strong resistance levels, and does not reach the liquidity zone 1734, forming a reversal in the form of a technical pullback.

I assume that the pullback can reach the strong trend line formed from February 2019, after which I expect the continuation of the price growth to the resistance zone.

Regards R. Linda!

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