FX.co ★ king.zelda | XAU/USD, GOLD

GOLD It is possible that an upward impulse has already been received and a small correction may occur after it. The growth may continue from current levels. The support level is in the range of 2370.0 and the growth may also continue from it. It is possible that the range of 2400.0 will be exceeded, in which case additional purchases may be necessary. It is not excluded that after a small correction, which occurred during the American session, the growth will continue further. Possibly, from current prices, there will be a strengthening of the exchange rate to the resistance level at 2420.2. It is possible that the resistance level at 2420.0 will be broken, which will be a signal for the continuation of the exchange rate strengthening. After a recent decline, the growth may resume. The current price range also includes a support level from which the growth may continue. After a small correction to the level of 2360.0, the growth is likely to continue in the medium-term perspective. When the level of 2400.4 is broken, it will be a signal to buy.