🥇 GOLD News positively affects the price
Gold is moving up in steps. Clearly, potential key support zones are forming on the background of a local resistance breakout.
1) We see an interest in buying gold in the market. Somebody bought it cheap, and now they need to move the price up.
2) A consolidation above the support of 1820 sends the price to 1830. The price breaks through the zone and tries to consolidate above the level.
3) A local trend change is forming, we pay attention to support areas
4) The left lower chart shows the formation of a false break.
We expect consolidation above 1830 to buy, if the price goes below, similarly consider the 1822 area. An opportunity to buy emerges
1) We see an interest in buying gold in the market. Somebody bought it cheap, and now they need to move the price up.
2) A consolidation above the support of 1820 sends the price to 1830. The price breaks through the zone and tries to consolidate above the level.
3) A local trend change is forming, we pay attention to support areas
4) The left lower chart shows the formation of a false break.
We expect consolidation above 1830 to buy, if the price goes below, similarly consider the 1822 area. An opportunity to buy emerges
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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