GOLD (XAU/USD) : Another Bullrun ? Ready for LONG? (02.Nov.2023)

By checking the gold chart in the 12-hour time frame, we can see that yesterday, with the announcement of various news and the US interest rate remaining stable, price attacked below the very important range of $1971 to collect liquidity, and corrected up to $1970, and then Again, with a powerful growth, it has been able to rise up to $1989 at this moment! Considering that the important resistance of $1991 to $1999 is in front of the price , if this resistance is broken, we will probably see the growth of gold again to higher targets, The targets of this possible growth are $1999, $2010, $2020, $2040, and $2066 respectively!
(This Post on TradingView)

Author : Arman Shaban

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