Złoto / Dolar USA
Long

HelenP. I Gold can rebound up to the 1985 resistance level

477
Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how a few time ago Gold made a strong impulse down to the 1930 support level, thereby breaking the 1985 resistance level with the zone. After this price tried to back up to the resistance level, but failed and declined to the trend line, which coincide with the support line of the upward channel, breaking the 1930 level and support zone. Then the price started to move up and in a short time rose to the 1985 resistance level, thereby breaking the 1930 level again. But soon gold bounced down and fell to the trend line. At the moment price continues to trade inside the upward channel and I expect that Gold can make a movement down to the 1950 point and then rebound up to the 1985 resistance level, where is located my target. If you like my analytics you may support me with your like/comment ❤️

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