GOLD near the strong support \ Grow
Gold first came to a strong support zone and bounced off it.
Then it began to grow (we opened a purchase)
But in the end, having almost reached the resistance zone, it fell and broke through the resistance line.
Now gold is not far from a strong support area and I am sure it will reach it.
This area (triangle on the chart) is formed by the intersection of two support + level lines at once.
These are long strong lines, one of them formed in 2019, the second in 2018.
Gold may break the support line closest to it, but I am sure it will stop at - 1791.21, after which it will push off and begin to rise.
The zone is strong, so I expect strong growth. The target is the resistance line 1861.46.
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Thank you for your support!
Then it began to grow (we opened a purchase)
But in the end, having almost reached the resistance zone, it fell and broke through the resistance line.
Now gold is not far from a strong support area and I am sure it will reach it.
This area (triangle on the chart) is formed by the intersection of two support + level lines at once.
These are long strong lines, one of them formed in 2019, the second in 2018.
Gold may break the support line closest to it, but I am sure it will stop at - 1791.21, after which it will push off and begin to rise.
The zone is strong, so I expect strong growth. The target is the resistance line 1861.46.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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t.me/DeGRAMForex
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