HelenP.Gold created Head&Shoulders and can continue to decline

22 de mar. de 2023

Hi folks today I'm prepared for you Gold analytics. For a long time, the price moved uptrend, broke through the resistance level 1915 and entrenched above it. After the retest support, the price continued to rise and created head and shoulders pattern. Recently, the price has been declining, break through the trend line and fixed below. Gold can make a small correction, retest the resistance line and continue to fall. I expect that Gold can continue to decline and break through the support. Therefore, goals for Gold will be set at the support level 1915 and in zone 1895-1885 which coincide with level Fibonacci 1.618. If you like my analytics you can support me with your like/comment ❤️