GOLD touch RESISTANCE line and FALL

30 нояб. 2020 г.

At the end of last week, gold fell sharply so that the price was able to break through the resistance line 1804.609 and the resistance level 1792.023. However, immediately after that she showed a slight uprising movement.

So now I expect that the price will correct itself to the resistance line first. What do you need to know about this line? It is very strong - it has been on the chart since May 2019. And for all this time, the price broke through it only once - in March 2020.



After the price touches the line - presumably around 1817.739, I expect the decline to start. The price will drop to the support line 1752.099. This will be our final goal.

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