RLinda

GOLD ! Buyers (investors) are gaining momentum

Long
RLinda Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Let's take a look at gold. Yesterday, after a false breakdown, the instrument tried to return to the channel, but it was immediately squeezed back into the long zone. What does this tell us? That quite a few investors go long
After a false breakout of the support level (which was resistance), gold fixes higher and forms a primary impulse.

I expect the price to rise to the resistance of 1976.78, which is a zone of liquidity for the buyer.

Sincerely, R. Linda!
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Trade closed: target reached

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