GOLD came to CORRECTION zone. Next - GROWTH

After the price broke through the December 2020 support line and fixed on it, it pushed off and began to grow steadily.
I talked about this on Tuesday.
GOLD continue to GROW after breakdown of SUPPORT line


Yesterday, Wednesday, the price continued to rise and came to the correction zone, which I also mentioned earlier.
GOLD GROWTH after breakdown of SUPPORT line


Now the price is working out the correction, which should stop in the support zone 1733.33
This is a small area formed around the two support lines. The oldest is December 2020 and very small from the beginning of March. As you can see, the price has tested this zone several times.
Thus, I expect the price to reverse from the support line and rise to the resistance line of 1766.88. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
ForexGoldLONGTrend AnalysisXAUUSD

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