HelenP. I Gold can retest resistance and continue to fall

Hi folks today I'm prepared for you GOLD analytics. Last month, Gold retested the support zone, generated an upward impulse, and broke through resistance at the level 1885. The price was fixed higher, made a slight correction and continued to move up. After reaching resistance at the level 2010, the price bounced back and entered the range. For a long time, the price traded in the range, after which it broke through resistance and continued to rise. Recently, the price reached the resistance zone 2030-2050, began to decline, broke through the current support level and fell to the trend line. After testing the trendline, the price rose and is now trading close to the resistance level 2010. It seems to me that Gold may test the resistance level and continue the local downward trend. The price can break through the trendline and continue to fall, therefore the target for Gold will be set at 1990, which corresponds to the trend line, and at the level 1960. If you like my analytics you may support me with your like/comment ❤️
Support and ResistanceTrend AnalysisTrend Lines

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