Short

HelenP. I Gold may continue to fall and reach level $2000

Hi folks today I'm prepared for you GOLD analytics. Gold after the retest of the support zone 1895-1885 began an upward trend. The price rose to the mark of 2010, made a deep correction and continued to grow. Gold then declined, retested support at level 1950, and continued to move. The price, after a slight correction, continued to rise and reached the resistance zone 2045-2055, from which it decreased and created a symmetrical triangle. For a long time, Gold traded in a triangle, after which it broke through resistance and left it. The price continued to rise and tried to break through the resistance zone, but could not gain a fix above and began to fall. Gold is currently trading below the resistance zone and may continue to decline. Price may continue the local downtrend, so the targets will be set at the levels 2020 and 2000. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3

❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.