Short

HelenP. I Gold may continue to fall to support 1935

Hi folks today I'm prepared for you GOLD analytics. Gold retested support at the level 1810 and started a local uptrend. The price continued to rise and broke through resistance at level 1935. After a deep correction and a re-test of current support, Gold continued trading in an uptrend. In the future, the price created an ascending wedge, in which it had been for a long time. Having broken resistance at the level 2015, the price traded higher for some time and after a re-test resistance of wedge began to fall, and completed an uptrend. Gold broke through the support of the wedge corresponding to the level 2015 and left it. The price dropped to the trend line, tested it, made an upward correction and continued declining. Gold recently broke through the trendline and is currently trading lower. It seems to me that Gold may continue the downtrend and achieve support 1. Therefore, targets for Gold will be set at levels 1960 and 1935. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3

❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x

Also on:

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.