TradingView
DeGRAM
Feb 23, 2021 9:34 AM

GOLD fall in several stages Short

GoldOANDA

Description

I continue with yesterday's forecast and extend it.
On Friday, the price started to rise from the support zone.

Yesterday it continued to rise and almost came to resistance.

Now I expect the price to be:
1.will touch the resistance of 1853.88
2.will start falling with corrections
3. will go down to support.
Target - 1780.05

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
TradingAlchemist
you know why world goes from one crisis to another? and each such crisis is solved distributing more government debt. because money set government continues depreciate in comparison to stable gold
DeGRAM
@TradingAlchemist, One of many theories.

Thanks for sharing.
UnknownUnicorn15614419
You know, friend, I think you're right in expecting the fall. Despite the fact that yesterday I myself spoke about the growth, the price shows a small falling movement.
DeGRAM
@TradingStat, Thanks bro.
Solldy
I think that since the EURUSD market is UP, then this price is also in this buckle! This is a sign to buy!
DeGRAM
@Solldy, Be careful with the SL.
Solldy
@DeGRAM, Which one should I stay on?
DeGRAM
@Solldy, 1860.90 for my forecast.
Lingrid
Gold futures prices rose during Asian trading today...
DeGRAM
@Lingrid, Yes you are right.
More