TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD

Analyze

like we said from the previous idea the direction is downtrend as long as price trade under 1878 and till now price trade under that line


so now Generally the direction is downtrend as long as price trade under 1878 but o be sure should price stable under 1861 then price will reach 1850, 1840, 1831
for any reasons if price can stable above 1878 the price will try to reach 1897 then will push down again

support line : 1861 , 1850 , 1840
resistance line : 1878 , 1897 , 1901

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