GOLD multi-timeframe analytics + Entry points and Target

٢١ أكتوبر ٢٠٢٠

Hello everyone!
The previous forecast for gold came true and brought us a profit.

New idea
Now the price has approached the resistance line and the resistance level 1918.
It can be seen that Gold is in a falling channel and you can open SELL from the resistance line (although I am selling now, since there is a resistance level and a resistance line on the chart below)
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In addition, I additionally show you important support and resistance lines.
If someone missed selling from the support line, then you can sell gold after breaking the support line.
The target is a support line around 1840.
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In the long term, I expect the price to return to the strong support level of 1790

But I am not sure that the price will not be able to break our resistance line during this time.

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Check today analysis below⠀
Share your opinion in the comments and support the idea with likes.
Thank you all for your support!