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Gold ((XAUUSD): Important Zone to Watch 🟡
Gold Spot / U.S. Dollar
Long
Gold ((XAUUSD): Important Zone to Watch 🟡
By linofx1
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Apr 16
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Apr 16
Gold is currently in a bullish trend and recently reached a new high before starting a correction.
There is an important confluence zone to watch for potential bullish movement, indicated by a rising trend line and horizontal structure on the chart.
The expected goals for this movement are 2389 and 2405.
Chart Patterns
Support and Resistance
Trend Lines
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