GOLD fall has begun. Next step is GROWTH

Over the course of two weeks, you and I watched the price move along the resistance zone and expected a fall. And now, finally, yesterday the price started to move and fell towards the support line.

The fact that the fall will happen sooner or later, I said all last week. It is important to bear in mind here that since August 2020, the price has been following a downtrend, periodically working out corrections within it. And the recent rise in the price from the support of 1673.63 was exactly the same correction.

Now the price is falling and I expect that first of all it will go down to the strong support level of 1673.63, and then it will rebound from it and start a new growth. Thus, my final target is the resistance line 1714.87.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻