RLinda

GOLD ! False breakdown of resistance. Falling down

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OANDA:XAUUSD   Ouro/Dólar Americano
Gold after the false breakout of the 1865 resistance partly fulfills my idea that the price will fall. Gold is falling to the level of 1846. Since the beginning of the trading session, a rollback to the border of the range has been formed. I think that the price will continue its fall to the local support, where there are many orders - the zone is below 1833

I assume a price decline after fixing inside the lower range, below the upper limit. In the short term, I'm interested in the goal - support 1832

Sincerely, R. Linda!

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