Gold behaves predictably 😎. The level of 1833.5 was broken and the price, after fixing, fell to the rising support level . The global trend is falling. The price on the fall stops at the level of 1822 and without a rollback up, the price enters the consolidation phase.
Yesterday I said that gold has a limit resistance zone in the 1860 zone, which does not allow gold to go higher. Bear pressure continues to dominate the market.
I expect gold to fall below 1822. The short-term target for the futures is the liquidity zone below 1810.
Sincerely, R. Linda!
Yesterday I said that gold has a limit resistance zone in the 1860 zone, which does not allow gold to go higher. Bear pressure continues to dominate the market.
I expect gold to fall below 1822. The short-term target for the futures is the liquidity zone below 1810.
Sincerely, R. Linda!
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