RLinda

GOLD ! Rollback to rising support line

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is pulling back to an upward support level for liquidity. On the chart, we see a clear range of 1866 - 1810.5, in which gold has been since the beginning of May.

Since we have a fairly strong ascending support line, it makes sense to expect a rollback from it.

I assume that the price can test the support, make a false breakout and form a price rollback. Short-term target - resistance 1833.5

Sincerely, R. Linda!

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