Złoto / Dolar USA
Short

HelenP. I Gold can break support level and decline to $1940

1228
Hi folks today I'm prepared for you Gold analytics. After the price bounced from support 1, which coincided with the resistance zone, the price rose to the trend line and at once made a correction below support 1. Then prise some time traded there and later declined to support 2, which coincide with the support zone, thereby breaking the support 1 level. A few time later Gold declined below the support zone, but at once rebounded up and then made a strong impulse up to trend line. Also soon, the price broke the trend line, and continues to grow to support 1, and recently Gold broke this level too. Now price trades near support 1 in the resistance zone. In my mind, Gold can decline below support 1, thereby breaking it and maybe then the price can make a retest, after which it continues to fall. For this case, I set up my target at the 1940 level. If you like my analytics you may support me with your like/comment ❤️

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