GOLD: has reached the first target and is ready to fall

Gold has come to the level of 1763.01. This is a fairly strong resistance level, which was broken through in February 2021. After the breakout, the price fell to the no less strong support level of 1677.63. After that, it made the first rebound, stopped at the resistance line 1743.36, and fell back to the level. And already having rebounded for the second time, it broke through the line and rose at the resistance level. Now we can expect the price to bounce off the level and fall again to support 1677.63.

Remember, there is no place for luck in trading - only strategy!
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