After the gold broke through the resistance line and fell earlier this week, it is strictly working out the goals that I spoke about in my previous forecasts. It continues to fall. Let's remember how the price moved during this week using the example of my predictions that came true.
Completion of the Pennant - 27 october
Fixed on the line - 28 october
Continuation of the fall and update our idea - 29 october
Now we see that the price has left a small upward channel, in which it has been moving during the last month. It has broken through two resistance lines and will fall. I assume that the price will make a correction, fix on the resistance line and then fall to the support zone.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
After that it may go up again to 1950 or go down to 1850.