We continue to monitor the price movement in accordance with my forecasts. First, the price came to support 1684.71. Then she began to grow. After touching the resistance, 1743.35 began to fall. Last week the price bounced off the support 1684.17 for the second time. Then it rose to the resistance of 1743.35. From this point, I expect the beginning of the fall. The price will break the nearest support 1708.21. Will fix on it and fall to the level. The target is 1684.17.
-------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Hurray, friend! I have a similar idea for this asset! But I think that before the price starts to fall, the price will rise a little more around 1763, what do you think?
Solldy
⋅
There is also such an option that the price will break the dotted resistance line! I think that the price will reach the upper channel line, and then the channel line will push the price DOWN and there will be a significant price drop to the lower channel line!
TradingAlchemist
⋅
if fourth pandemic wave is strongly hit by us, then fall in gold will stop, since the yield of traditional, risky assets will fall.
🐻