GOLD ready to FALL fron strong RESISTANCE
And so, the price continues to rise, which means that my yesterday's signal and our buy deal were successful
However, now the price has approached the resistance line.
On the larger TF, we see that this is a very strong line that has existed since 2019.
Therefore, I expect that the price will not be able to break it. I expect the pair to touch the line and start falling from it. Probably through a series of corrections. Thus, the final target is the support line.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
However, now the price has approached the resistance line.
On the larger TF, we see that this is a very strong line that has existed since 2019.
Therefore, I expect that the price will not be able to break it. I expect the pair to touch the line and start falling from it. Probably through a series of corrections. Thus, the final target is the support line.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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