HelenP. I Gold can rise to the trend line and try to break it
440
Hi folks today I'm prepared for you Gold analytics. A short time ago price rebounded from support 1 and made a strong impulse down to support 2, which coincides with the trend line. Then Gold started to rise and soon reached the 1940 support level, broke it, and rose to 1985 point, but in a short time declined to the 1940 - 1947 resistance zone. After this, the price made a correction below support 1, and then it tried to back up, but Gold failed and continued to decline to support 2, thereby breaking the trend line. Later Gold declined below the 1895 support level to the support zone but soon rebounded up and made a strong impulse up to the 1940 support level. Also recently price broke this level and now it trades inside the resistance zone. Probably Gold can roll up from the resistance zone to the trend line and then try to break it. After breaks, the price can make a retest, or at once continue to move up. For this case, I set up my target at the 1970 level. If you like my analytics you may support me with your like/comment ❤️
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🚀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
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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.