HelenP. I Gold will little rise, and then start to fall to $2025
Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some days ago declined to the trend line, after which it made a strong impulse up to the 2010 support level, which coincided with the support zone. Soon, Gold broke this level and continued to move up to the resistance zone, which coincided with the resistance level, and in a short time price broke this level and rose to 2090 points. After this, XAU soon turned around and fell below the 2060 level, breaking it one more time, after which the price continued to decline. Price fell almost to the support zone, but soon turned around again and rose to the resistance level. Then the price finally declined to the support zone and at once rebounded and started to rise inside a wedge. In a short time, Gold rose to the resistance line of the wedge, after which it turned around and declined to the support line, which coincided with the trend line. At the moment, price rising and I expect that Gold will rise to 2050 points, after which price turn around and start to decline to the trend line. That's why I set my target at the 2025 level, which coincided near this line. If you like my analytics you may support me with your like/comment ❤️
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