GOLD fall to support line

٩ ديسمبر ٢٠٢٠

Gold is "stuck" at the intersection of the support and resistance lines, so my previous forecast is still taking shape.

The price is on the support line right now.
However, I expect she will be able to pierce it.
This is a smaller support line formed in February 2020.

There were at least three breakdowns of this line during the year.
The resistance line from which the price falls, although younger, but stronger.
Its price broke only in November (elections).
Therefore, I expect the price to fall now too. Will break through the support line.
And will fall to strong support (2019).
The target is 1818.558.

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