GOLD breakout level/ Fall
The price started to fall, as I said last time.
Today I will analyze the chart in more detail to confirm the fall.
The price is at another strong level at 1850.30.
There is also strong resistance near the level.
A line formed in the spring of 2019.
Together they create a strong area of resistance.
After the breakdown of the resistance zone 1859.30 during the growth, the price slumped on it.
Then it first broke through the resistance line 1856.27, and then the level.
I expect the price to continue falling and come to support.
The target is 1803.99.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Today I will analyze the chart in more detail to confirm the fall.
The price is at another strong level at 1850.30.
There is also strong resistance near the level.
A line formed in the spring of 2019.
Together they create a strong area of resistance.
After the breakdown of the resistance zone 1859.30 during the growth, the price slumped on it.
Then it first broke through the resistance line 1856.27, and then the level.
I expect the price to continue falling and come to support.
The target is 1803.99.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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