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Lingrid
Feb 5, 2021 8:38 AM

GOLD +360 p. profit! Next - GROWTH Long

GoldOANDA

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The last two predictions came true just perfect, bringing us a total of 360 pips of profit in two days! But let's remember how the price has moved since the beginning of this week.
After the price rose to the resistance zone it reversed and during the fall it was able to break through another resistance line formed in December 2020.



After that, the price worked out a small correction to the line and continued to fall.



And yesterday the price continued to fall from the resistance line and came to the support zone.



Then the price tried to break through this zone 1798.58. However, the breakout turned out to be false and now the price has returned to the support level. From this level, I expect the price to continue to rise and in the near future will rise to the resistance zone at the intersection of two lines.

So my final target is the 1849.20 resistance zone.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
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