HelenP. I Gold will make correction and then rebound up to $2700

2024年10月13日

Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to support 2, which coincided with the support zone, and some time traded near this level, even falling to the support zone. Later XAU dropped to the trend line and then started to grow inside the pennant pattern, where it rebounded from the support zone and rose to support 1, which coincided with one more support zone. Soon, the price broke this level and even rose higher than the support zone, after which reached the resistance line of the pennant. But then, XAU turned around and started to decline. The price quickly declined to support 1, where it touched the trend line, after which Gold rebounded up and reached the resistance line of the pennant again. So, at the moment, I expect that XAUUSD will make a small correction movement, after which continue to move up. Price can exit from pennant as well, and then make retest, or at once continue to grow. That's why I set my goal at 2700 points. If you like my analytics you may support me with your like/comment ❤️

2024年10月14日

交易开始

Okay, price made little correction, so, now I expect that it will exit from pennant and continue to grow.