Emas / Dollar A.S.
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HelenP. I Gold can break trend line and fall to $1895 level

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Hi folks today I'm prepared for you Gold analytics. Some time ago price declined to the 1915 resistance level, which coincided with the resistance zone, but in a short time Gold broke this level and continued to decline to the trend line. After the price reached the trend line, it at once rebounded and started to rise to the resistance level. Later Gold rose to the resistance level and broke it, but soon made the correction, after which the price made a strong impulse up to 1950 points. Then the price started to decline to the resistance zone, and after it fell Gold bounced up and tried to rise higher, but failed and a not long time ago declined to lower the 1915 resistance level to the trend line, thereby breaking this level. Now Gold trades near the trend line and in my mind price can break the trend line, make retets, and continue to decline, For this case, I set up my target at the 1895 level. If you like my analytics you may support me with your like/comment ❤️

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