GOLD will break support line and fall
Over the past week, I've made minimal adjustments to my Gold forecast.
It continues to move as I said. First, it broke through the support line.
Then she came to the resistance zone.
As I said, the zone is strong and I expect that the price will not be able to break through it.
Now I expect the price to start falling from the resistance zone
Since the zone is strong, it should have enough resources to break through the nearest support line. And fall to the support zone at the intersection of the level and the support line.
The support line is also the lower line of the old rising channel (2019).
Target - support area.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It continues to move as I said. First, it broke through the support line.
Then she came to the resistance zone.
As I said, the zone is strong and I expect that the price will not be able to break through it.
Now I expect the price to start falling from the resistance zone
Since the zone is strong, it should have enough resources to break through the nearest support line. And fall to the support zone at the intersection of the level and the support line.
The support line is also the lower line of the old rising channel (2019).
Target - support area.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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