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DeGRAM
Feb 24, 2021 9:41 AM

GOLD rise to resistance / Fall Short

GoldOANDA

Description

Yesterday's forecast is in progress.
The price started to rise from the support.

Then it continued to rise to resistance.

The price slowed down before reaching resistance.

However, I expect further growth.
Having bounced off the strong support zone, the price will touch the resistance at 1828.76.
And then it will fall back to the support.
Target - 1776.03.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
UnknownUnicorn15614419
I have a similar idea in relation to gold. But right now I'm worried that the price is marking time. What do you think is the reason for this behavior?
DeGRAM
@TradingStat, The market sometimes stands, with this asset it was already in the last month.
TradingAlchemist
us treasury yields and us currency index went up, causing a decline in the rate of gold per troy ounce. friend is it deplorable?
DeGRAM
@TradingAlchemist, This is a natural bro.
Lingrid
i expected the price to rise to 1831.23.
this is the first step for your idef
🐻
DeGRAM
@Lingrid, Yes, after that I expect a fall.

Thank you for sharing your idea.
VasilyTrader
Are you still in short?
Some us data coming soon
May change the things
Moretexa
Well done👍
so nex step?
Solldy
The lower support line plays the main role in your idea, it will help your price to follow your arrow!
DeGRAM
@Solldy, Yes, you are on the right track.
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