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Gold has tested buyer zone and can begin to rise

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Hello traders, I want share with you my opinion about Gold. When observing Gold, we see how it formed the buyer zone 1935-1945, continued to grow and broke through the resistance level 1985. The price after the downward correction re-tested the current support level and continued to move up. Gold then made a deep downward correction and traded within the level 1985 for a long time. Over time, the price continued to rise, created an upward impulse and reached the level 2080, from which it bounced and began to fall. Gold began to form pulsed Elliott waves. The price dropped to the level 2000 (1 wave), made an upward correction (2 wave) and continued downward movement (3 wave). Gold broke through level 1985 and after an upward correction (4wave) and retest of the current resistance level, it continued to fall and reached the buyer zone. Not long ago, the price tested the buyer zone and bounced. Now Gold is above the buyer zone and on Monday after the opening of the market can continue to move up. I think that the downward movement is over and the price can begin to rise. Based on these data, I decided to set two targets at the level 1960 and at the level 1985. Please share this idea with your friends and click Boost 🚀

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