DeGRAM

GOLD start falling from resistance line

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold slowly but surely continues to whip at our target.
Over the past week, I talked about the fact that the price will first reach the resistance zone (1897.71) and then begin to fall.
12 November
the 13th of November
November 16
As mentioned in my previous forecast, the price has reached the resistance line and is already starting a downward movement.
On its way is a support line and a support zone.
But I expect the price to be able to break them.
However, these zones will affect the movements - corrections can be expected.
The final target is a strong support line around 1810.00.

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