FirstNameHelen

HelenP. I Gold can fall little more and then bounce up to $1937

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi folks today I'm prepared for you Gold analytics. A some time ago price declined to the 1917 support level, but at once it rebounded and made a strong upward impulse to the 1937 resistance level, which is located inside the resistance zone. Later, Gold broke the resistance level, rose a little higher, and some time traded near the resistance zone, after the price declined to this zone, it at once rebounded up to the trend line. After the price reached this line, it started to decline and in a short time Gold fell to the 1917 support level, which coincided with the support zone, thereby breaking the 1937 level again. Then the price bounced up to the trend line and even tried to break it, but failed and rebounded down below the support level, breaking it too. Gold a some time traded below the support zone, and a few moments ago price made an upward impulse to 1930 points, thereby breaking the support level and trend line. Also, Gold started to decline and now I expect that the price can fall a little more and then continue to rise to the 1937 resistance level, which is located at my target. If you like my analytics you may support me with your like/comment ❤️

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