DeGRAM

GOLD past forecast valid / Fall

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OANDA:XAUUSD   Ouro/Dólar Americano
The price is still in the resistance zone.
I am extending the forecast with this in mind.
After last week the price came to the resistance of 1733.98, it stopped.
My previous forecast is still valid.
Last week the price bounced off the support (zone + channel line) 1679.82.
Then it rose to the resistance of 1733.98 (July 2020).
I continue to expect a drop from resistance to support.
The target is 1680.72.

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