FirstNameHelen

HelenP. I Gold will rebound of resistance zone and start fall

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to the trend line, and even fell lower, breaking this line, but soon turned around and made impulse up to the 2275 support level, which coincided with the support zone. Soon, Gold broke this level, made a retest, and continued to grow to the resistance level, which coincided with the resistance zone too, after which rebounded and declined to the trend line. Then the price broke this line again and fell to the 2275 support level, where it some time traded and later rebounded and started to move up to the 2430 level. When Gold reached the resistance level, it even entered to resistance zone, but after it touched the trend line, XAU at once rebounded and declined below the 2430 level, making a fake breakout. Just now, the price continues to trades near this level and I expect that Gold will enter to resistance zone again and then start to decline. Therefore I set my goal at 2355 points. If you like my analytics you may support me with your like/comment ❤️

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