GOLD continues to move and GROW from SUPPORT zone

9 Mar 2021

As I said in my last forecast, the price continues to fall in a channel that has existed since August last year.
During the fall in this channel, the price broke through the resistance line, which formed inside the channel - 1756.08.

Then it continued to fall and is now near the support zone 1649.23. This zone is formed by the channel line and two strong lines from 2018 and 2016.



I extend my forecast and continue to revive that the price will first fall to the support zone of 1649.23 and then rise to the resistance level of 1719.75. This will be our goal.

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