GOLD +250 p. profit! Next - FALL

9 Feb 2021

My previous prediction came true perfectly! And this is the eighth consecutive forecast that is coming true. But let's remember the last three in order to clarify exactly how the price moved in the last days.

First, the price broke through the strong resistance line and began to fall in the direction of support.

Then it touched the support zone 1798.58 and after a small false breakout it started a new growth.

Yesterday you and I expected the price to rise from this zone to the resistance line.

As you can see, the price passed perfectly along our target. Therefore, I extend my previous forecast and expect that after the price touches the resistance line at 1848.75 it will fall back to a strong support. So my final target is support area 1798.58.

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