GOLD: is the price ready to break the channel?
Gold completed the fall in a small downtrend channel. Note that at the same time the price worked out the same price levels as in a similar fall in October-November 2020. Having reached the lower level of 1792.4, the price began to grow. It will consistently break through and consolidate at the level of 1811.5 (it reached it while I was making this forecast). In the best case, after that the price will continue to rise at the blood level 1858.8
Remember, there is no place for luck in trading - only strategy!
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Note
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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.