HELLO GUYS
Gold rose two months ago to touch its previous peak at 2075$\oz , but it was not able to withstand much, and it returned to fall again, repeating the same scenario.
- Last week, it touched a strong support line and rebounded from it, but as it happened in the previous scenario, it will return and fall, affected by the strength of the US dollar.
This weekly bounce will often be accompanied by a similar movement in stocks and crypto.
- If the scenario is completed, we will see gold below 1700 before the end of the year
Gold rose two months ago to touch its previous peak at 2075$\oz , but it was not able to withstand much, and it returned to fall again, repeating the same scenario.
- Last week, it touched a strong support line and rebounded from it, but as it happened in the previous scenario, it will return and fall, affected by the strength of the US dollar.
This weekly bounce will often be accompanied by a similar movement in stocks and crypto.
- If the scenario is completed, we will see gold below 1700 before the end of the year