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DeGRAM
Feb 8, 2021 8:38 AM

GOLD second stage of movement / Growth Long

Gold / U.S. DollarFOREX.com

Description

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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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
Lingrid
hmm, Gold and silver fell slightly after the volatility spike
I'm for growth too
DeGRAM
@Lingrid, You are wekcome
Solldy
Do you think the price will be able to break the strong resistance LEVEL?
DeGRAM
@Solldy, It is too early to talk about it.

Do you think it can?
nmadao
You are one of the best IMO. Thanks for your service!
TradingAlchemist
not in a hurry and i'm waiting
DeGRAM
Solldy
@DeGRAM, The price will not agree to break the level twice! I think it cannot!
DeGRAM
@Solldy, Thank you for words
Wolf_of_Trading
great chart , thanks for sharing .. Im also bullish
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