UnknownUnicorn15614419

GOLD: completion of the rise and reversal to a new bearish trend

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Since March of this year, the price has risen from the support level of 1677.63 to the resistance zone of 1800.01, where it reversed, started falling and left the trend, breaking through the resistance of 1781.75. After the breakout, the price continued growth with a large number of corrections. It can now be expected to touch the resistance of 1811.15 first. And then it will fall at the support of 1764.54.

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