GOLD ! The price breaks through the support again. Bearish mood

11 May 2022

Gold is in a downtrend. After the release of the price of their consolidation, there were attempts to return above the level of 1920, which were unsuccessful.

The price is forming a new range between 1920 and 1850, for some time gold is trading in this range, but yesterday the price again breaks the support down and forms a pullback.

I guess
that the price may fall after testing the range border from below. I expect the price to fall, the key target on the chart is support - liquidity zone 1822.6

Sincerely, R. Linda!

11 May 2022

İşlem aktif