GOLD price COLLAPSE
At the trading session today, the dollar is showing a very strong movement. Which greatly influences all forecasts of its currency pairs.
The chart shows that since the beginning of the month the price has formed a small resistance zone and has invariably returned to it.
However, today the price has broken through this zone and continues to fall. I expect the decline to continue.
There is a strong support line in the price path that has been around for half a year.
However, I believe that now the price has enough strength to break through this line and continue to fall.
The target in this case - is the support zone.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
The chart shows that since the beginning of the month the price has formed a small resistance zone and has invariably returned to it.
However, today the price has broken through this zone and continues to fall. I expect the decline to continue.
There is a strong support line in the price path that has been around for half a year.
However, I believe that now the price has enough strength to break through this line and continue to fall.
The target in this case - is the support zone.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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