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DeGRAM
Jan 22, 2021 9:51 AM

GOLD start new fall Short

GOLD / U.S. DOLLARICE

Description

As I said in the previous forecast, the price reached the resistance zone and began to fall.

Gold broke through the 1862.02 line, first during the rally, then during the fall.
Now the price is near the line 1857.92.
I expect that after the price breaks the resistance zone 1859.86 it will fall and come to support (the upper line of the falling channel).
Target - 1806.97


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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
Lingrid
it becomes cheaper due to the rise of the dollar
DeGRAM
@Lingrid, Right
Wolf_of_Trading
thanks for sharing, here is my idea
TradingAlchemist
sl 1874 suitable? is more needed?
DeGRAM
@TradingAlchemist, Good choice - 1880

Agree?
TradingAlchemist
@DeGRAM, without doubt you professional in your field
DeGRAM
@TradingAlchemist, Thanks a lot
Solldy
Will Price Return to the Lower Channel Line?
DeGRAM
@Solldy, It's too early to think.

Do you think it will fall?
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