GOLD drop between zones of support and resistance
Having started to fall yesterday, the price made a correction.
I don't think that growth will follow.
Therefore, I am extending my yesterday's forecast.
Since the price moves in a falling channel, its last rise from the 1681.58 support is a correction to a fall.
The price bounced off the support zone and came to the resistance zone of 1757.41.
The zone is formed by two resistance lines in August 2020.
I expect that, having corrected in the zone, the price will fall back to support.
The target is 1680.68.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
I don't think that growth will follow.
Therefore, I am extending my yesterday's forecast.
Since the price moves in a falling channel, its last rise from the 1681.58 support is a correction to a fall.
The price bounced off the support zone and came to the resistance zone of 1757.41.
The zone is formed by two resistance lines in August 2020.
I expect that, having corrected in the zone, the price will fall back to support.
The target is 1680.68.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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