✴️ GOLD Daily timeframe. February 6

Gold makes a false-break of the support at 1869. Friday it closes lower, Monday it opens lower, but after a while the price is strengthening by 0.6%, which is a good sign.

1) After the false-breaks, according to the statistics, the strongest moves take place.
2) Bullish trend dominates in the market
3) Price may move into the range between 1869-1900.
4) the key level, from which we should expect the resumption of growth, is the 1900 level.

Disclaimer