{"id":11800,"date":"2022-02-09T11:14:53","date_gmt":"2022-02-09T11:14:53","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11800"},"modified":"2023-05-08T11:17:56","modified_gmt":"2023-05-08T11:17:56","slug":"xauusd-big-upside-potential","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/02\/09\/xauusd-big-upside-potential\/","title":{"rendered":"XAUUSD Big upside potential"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Gold is on a sustainable uptrend after holding the 1,780 Support following my buy update two weeks ago:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"XAUUSD Channel Up + 1 extra Support towards 1875\" href=\"https:\/\/www.tradingview.com\/chart\/XAUUSD\/JHWjbQAS-XAUUSD-Channel-Up-1-extra-Support-towards-1875\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/j\/JHWjbQAS_big.png\" alt=\"XAUUSD Channel Up + 1 extra Support towards 1875\" \/><\/a><\/div>\n<p>This time I am putting things on a wider perspective and besides the two small Channel Up patterns, I&#8217;ve displayed the wider one that started with the August 09 2021 market bottom. As previously mentioned, the short-term target is 1875 (just below the 1877.50 Resistance and the 2.0 Fibonacci extension). When that broke during the previous short-term Channel Up, Gold reached both the 2.5 and 3.0 Fib extensions. Technically those are realistic long-term targets if the price breaks above the 1877.50 Resistance.<\/p>\n<p>P.S. Always keep in mind the multi-month outlook on the 1W time-frame:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"XAUUSD Major long-term break-out ahead.\" href=\"https:\/\/www.tradingview.com\/chart\/XAUUSD\/gHV8KTvg-XAUUSD-Major-long-term-break-out-ahead\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/g\/gHV8KTvg_big.png\" alt=\"XAUUSD Major long-term break-out ahead.\" \/><\/a><\/div>\n<p>&nbsp;<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/XAUUSD\/xQrftI1M-XAUUSD-Big-upside-potential\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/XAUUSD\/xQrftI1M-XAUUSD-Big-upside-potential<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Gold is on a sustainable uptrend after holding the 1,780 Support following my buy update two weeks ago: This time I am putting things on a wider perspective and besides the two small Channel Up patterns, I&#8217;ve displayed the wider one that started with the August 09 2021 market bottom. As previously mentioned, the<\/p>\n","protected":false},"author":611,"featured_media":11802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1638],"tags":[],"class_list":["post-11800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11800"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11800\/revisions"}],"predecessor-version":[{"id":11804,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11800\/revisions\/11804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11802"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}