HelenP. I Gold can break resistance level and continue to rise
1294
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price a few time ago and started to decline inside the downward channel, in which it first fell to the 1915 resistance level, which coincided with the resistance zone. But soon, Gold continued to decline, broke this level, and fell until to support line, thereby breaking the 1890 support level too. Later price rebounded from the support line of the channel and rose higher of the support level, which is located inside the support zone. After this movement Gold some time traded near the support zone and then made a strong impulse up to the resistance zone, thereby exiting from the downward channel and breaking the 1915 resistance level. But the price can't fixed there and fell below this level, which it continues to trade near to this day. In my mind, Gold can break the resistance level, make a retest, and then rebound up. For this case, I set up my target at the 1930 level. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.