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Lingrid
Apr 30, 2021 8:36 AM

GOLD pause on RESISTANCE line and fall Short

Gold / U.S. DollarFOREX.com

Description

The price resumed its decline, as we expected.

The second time, having bounced off the support line of June 2019 at point 1688.04, the price increased, broke through the support line 1726.79 and tried to break through the resistance line 1765.15. This is the trending inya of August 2020. I expect the price to fall back to support from it - 1705.63.

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