GOLD: could not break through the resistance. Will it fall?
The price came to the resistance 1734.50 - the line of correction, which formed in the middle of the global downtrend (Since August last year). Last time we expected the price to break through this zone and continue to rise. But you can see that she makes a small correction. There is a chance that the price will first fall and fix on the support line again. And only after that it will grow. It can be expected that it will come to the support level of 1677.45.
SL - 1755.30.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1755.30.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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