RLinda

GOLD ! Pullback from support. Medium-term - fall

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold perfectly fulfills the upper limit of the range and after a false breakout, the price falls by 1%. Now the price is directed to the nearest support zone, from which a rollback was made earlier with a subsequent update of local highs.

I guess, since the price is now in a range, we can see a pullback from support. Short term goal - resistance 1849. In the medium term, I still expect a fall to the lower limit of the range - 1808

Sincerely, R. Linda!

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