The price of gold continues to stand still until it reaches the resistance line, as we expected yesterday. However, I am confident that the price will start moving in exactly this order - first it rises and then falls.
Recently, the price bounced off the strong resistance level of 1763.79 and then showed a weak downtrend. I am confident that before continuing to fall, the price will correct and touch the resistance level again. This will serve as a good hold. The price is unlikely to break through the level, since there is no technical support for this, and the world economic agenda is also relatively stable.
I expect that after fixing at the resistance level of 1763.79, the price will reverse and finally fall to the support level of 1675.91. This will be our goal.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
@chauhanpramit1978 how so? Please provide your points to make it an argument or discussion. You can't call BS if you don't have any back up statement. How old are you? 5? Come on, do explain why it is a complete bs.
Lingrid
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@kailannnnn, thank you for your support
I am happy when traders share their thoughts with me, even when they are the opposite of mine, as long as there are arguments
BilqisGold777
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Hey if you don’t like it just ignore it.. respect to each other..
Lingrid
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@BilqisGold777, Yes, I agree with you, thank you for your intelligence
Teffopwns
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your language tell me everything about you and about analize thank you and respect to share with us your ideas
Lingrid
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@Teffopwns, today will be an update of my idea, so watch and share your thoughts)
nhetatendi
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What’s your reasoning my dude, this isn’t kindergarten present your points.
Lingrid
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@nhetatendi, true, when opinions differ, you need to argue your own, so that it is clear why this is so, and not so
amithadulna
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@chauhanpramit1978, shut ur god damn mouth. u r the one who is bullshit , coming in other traders ideas without having ur own and then randomly calling bullshit analysis. Ur father should have used a condom.