RLinda

GOLD ! Continue to fall after the rollback

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OANDA:XAUUSD   Ouro/Dólar Americano
Gold is trading in a range between 1810 - 1866. Yesterday the price reached support and made a shallow false break. After that, the price forms a rollback. The nearest zone from which we can expect the price to fall is the resistance at 1833.5.

I assume that the price rollback may stop at the level of 1833.5 and the price may make a false breakout of resistance and then continue to fall. Short-term target - range support - 1810.5

Sincerely, R. Linda!

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