GOLD ! Securing under strong resistance. Falling down

Jun 8, 2022

Gold is trading in a range between 1866 to 1808. Resistance was tested earlier. There was an attempt to breakout on the retest, but only made a deeper false breakout, took liquidity and went down. A rollback to the local resistance of 1853 is being formed.

I assume that the price will continue to fall towards the liquidity zone after gold fixes under resistance. Since support has not been tested, there is a target for the market - a liquidity zone under 1808.

Sincerely, R. Linda!

Jun 10, 2022

Trade active

Jun 10, 2022

Trade closed: target reached

+250 pips PROFIT ✅✅🤩