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Gold: ⬆️ Buy
– Gold broke resistance zone
– Likely to rise to resistance level 4200.00
Gold recently broke the resistance zone between the key resistance level 4060.00 (which stopped the previous impulse wave i) and the resistance trendline of the daily up channel from August.
The breakout of this resistance zone accelerated the active impulse waves 5 and (3).
Given the strong daily uptrend, Gold can be expected to rise to the next resistance level 4200.00 (target for the completion of the active impulse waves 5 and (3)).
Source: https://fxpro.news
