GOLD next step in trade - FALL

Gold is determined decisively. Here is my last prediction, which continues right now.

The price continues to form a downward movement through pullbacks and corrections.

During the last trading day, it returned to the resistance line, touched it and reversed again in a downtrend. Which tells us about a good basis for a fall in the price - since after two touches and pullbacks, it is unlikely that it will be able to break the resistance line for the third time. This means that the price is ready to fall.

A strong support line is now on its way, which emerged in July 2019. It is not clear yet whether the price will be able to break it.


So now I expect the price to fall towards this line. The target is thus a support line around 1877.89

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻