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Lingrid
May 10, 2021 8:51 AM

GOLD rollback to SUPPORT zone and GROWTHΒ Long

Gold / U.S. DollarFOREX.com

Description

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The price has broken through the strength of the support zone 1800.29. In this zone, three strong lines intersect at once: June 2019, June 2016 and December 2015. A breakdown of such a strong zone is a good sign for growth. And I am updating my forecast. Now I expect that the ocene will first roll back and consolidate in the zone at 1802.40, and continue to grow and come to the resistance level of 1871.85. This will be our goal.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be gladπŸ‘©β€πŸ’»
Comments
younisumair786
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Most of the forecasts happen opposite way :/
Lingrid
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@younisumair786, if you have a different opinion, I will be glad to read it)
just explain it clearly)
for example, what is your goal and why did you choose it?)
younisumair786
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@Lingrid, I have been following you and few others but I agree with you , A real trader follows his own ideas , I now believe best strategy is to wait for market to go on one side and you wait patiently and then you can open an opposite trade pull back, probably you wont make enough money by this but this works for me, I think best strategy is to wait for pull back and be reactive not proactive :)
Lingrid
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@younisumair786, πŸ‘Œ
atagang91
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Not sure want to trust this forecast
Lingrid
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@atagang91, you must not follow my prediction)
Because this is my opinion, not yours) for you it should serve as an extension of your thinking
a real trader only listens to his mind and his heart
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