Hi folks today I'm prepared for you GOLD analytics. A few weeks ago, Gold retested the level 1935 and began to rise. After a deep correction, the price continued to move up and rose to resistance at level 1980. From resistance, the price dropped, re-tested the trend line and continued to rise. After a breakdown of resistance at the level 1980, Gold made a correction, continued to move, and created an upward impulse to the resistance zone. The price re-tested the resistance zone and began to fall. After retesting current support, the price bounced back, started to rise, and broke through the resistance zone. For some time, the price traded above the resistance zone, then changed direction and began to fall. Now the price and is trading over support at level 1980, has made a correction up and may continue to fall. It seems to me that Gold after a possible support breakdown may drop to the trend line. Therefore, the targets for Gold will be set at level 1980 and at level 1970, which corresponds with the trend line. If you like my analytics you may support me with your like/comment ❤️
Support and ResistanceTrend AnalysisTrend Lines

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