GOLD fall after correction
The downtrend has continued since August.
All growth spikes during a fall in a trend are corrections.
In early March, the price came to support 1677.97.
This is the zone from which the price jumped in August.
But in this growth the growth was not strong.
At the beginning of the month, the price bounced off the support at 1677.97.
Then it came to resistance (August 2020) 1757.40.
Then it was corrected.
I expect the price to touch the resistance again and from it to fall to support.
The target is 1680.67.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
All growth spikes during a fall in a trend are corrections.
In early March, the price came to support 1677.97.
This is the zone from which the price jumped in August.
But in this growth the growth was not strong.
At the beginning of the month, the price bounced off the support at 1677.97.
Then it came to resistance (August 2020) 1757.40.
Then it was corrected.
I expect the price to touch the resistance again and from it to fall to support.
The target is 1680.67.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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