GOLD - Price can correct to support level and then start to grow

3月6日

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

The chart shows how the price rose in a rising channel, reaching the $2925 level before breaking it.

Then it touched resistance line of channel and made correction to $2925 level, where it some time traded.

After this, price moved up and then started to decline inside a triangle, where it soon exited from channel.

Next, price broke $2925 level and declined until to support line of the triangle, breaking $2880 level too.

But soon, Gold made strong movement up, breaking $2880 level and rose to resistance level, after which it corrected.

Now, I think that XAU can exit from a triangle, fall to support level and then start to grow to $2940

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3月7日

交易進行

GOOD! Price almost reached resistance level! For this case, I think it can exit from a triangle, break this level, and continue to grow.

3月8日

交易結束：目標達成

Price continued to trade near the resistance level, and I expect it will soon break it and continue to grow.