DeGRAM

GOLD second stage of movement / Growth

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The price has advanced according to my past predictions.
The first thing she did was to fall.
And during the fall, it reached the support zone.
The price pushed off from the zone and started to grow.
It is now also in the process of growing.
I marked on the graph the alternating stages of decline and growth over the past 5 months.
It can be seen that after the stage of a strong decline, there is always a small increase.
This is a correction.
The price dropped from the level of 1870.29 in early February.
From support 1788.18 it began to grow.
Similar shifts in decline and growth have alternated since September 2020.
I expect the price to rise towards resistance.
Target - 1870.29.

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