LONG

XAUUSD ends the trading Day with strong growth near the 1977 area. XAUUSD quotes continue to move as part of the bullish channel. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of price increase. At the moment, we should expect an attempt to develop a decrease in prices and a test of the Resistance level near the 1965-1960 area. Further, the continuation of the rise in the price of Gold with a potential target below the level of 2000.
Chart PatternsHarmonic PatternsTrend Analysis

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