GOLD breakout level/ Fall

٢٧ يناير ٢٠٢١

The price started to fall, as I said last time.

Today I will analyze the chart in more detail to confirm the fall.
The price is at another strong level at 1850.30.
There is also strong resistance near the level.
A line formed in the spring of 2019.
Together they create a strong area of ​​resistance.
After the breakdown of the resistance zone 1859.30 during the growth, the price slumped on it.
Then it first broke through the resistance line 1856.27, and then the level.
I expect the price to continue falling and come to support.
The target is 1803.99.

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