GOLD: updating the idea for long-term trading

478
Yesterday I was mistaken in thinking that gold is already ready for new growth. The price broke through the strong support zone and continued to fall. Nevertheless, I still believe that the fall should end soon. The most difficult moment is where to find the pivot point? The closest possible, in my opinion, is 1670.05. From it the price will rise presumably to 1773.50. In a very long term.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.

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.