HelenP. I Gold can grow a little and then make impulse down
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to support 2, which coincided with the support zone, and at once rebounded and started to rise, but soon fell back and even lower support zone, reaching the trend line. After this, the price turned around and in a short time broke support 2 and then continued to move up between the trend line. Soon, XAU reached support 1, which coincided with one more support zone, and later broke this level too. After this movement, the price some time traded in consolidation, after which Gold fell to support 1 and then made a strong impulse up to 2265 points, thereby exiting from this pattern and breaking the trend line one more time. Then price continued to rise near the trend line and recently rebounded up from this line. So, at the moment, I expect that Gold will rise a little and then make an impulse down, below the trend line, thereby breaking it again. That's why I set my target at 2250 points. If you like my analytics you may support me with your like/comment ❤️
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