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UnknownUnicorn15614419
Apr 22, 2021 6:28 AM

GOLD: a growing correction within a downward turn Short

Gold / U.S. DollarFOREX.com

Description

Gold has continued to rise since the beginning of this week. Growth is not very active and nevertheless. This move is in line with a small uptrend from support level 1677.63 that started in March this year. A similar upward movement took place in December 2020. It ended with a collapse in prices and was rather a correction to the main downtrend. This time, we can also expect that the price will first touch the resistance of 1811.51, after which it will fall to support 1764.54.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Comments
Helical_Trades
Nice one mate
FieryTrading
Good perspective🔥
Henry_Ross
good! idea
UnknownUnicorn15614419
@Henry_Ross, 👌😊
InkyGrip
impressive work! thanks! 🦐👌🏻
UnknownUnicorn15614419
@plancton0618, Thank you!
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