GOLD growth in crossing channels
The price is moving towards the target of my previous forecast.
Namely, from the resistance line 1869.32 it moves to the support line.
The price is at the intersection of two channels. 1 - the smallest descending from August 2020.2 - ascending and the oldest from January 2019.
There are also two levels in the crossing zone: resistance
and support.
Recently, the price bounced off the intersection of the resistance line and the channel line 1869.32.
And now I expect her to make the following movements:
1. Will fall to the crossing of the level and the resistance line of the ascending channel 1795.71.
2. A rebound to the resistance line 1875.90.
3. Will be adjusted
4. Will grow to the resistance level of 1915.55.
-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Namely, from the resistance line 1869.32 it moves to the support line.
The price is at the intersection of two channels. 1 - the smallest descending from August 2020.2 - ascending and the oldest from January 2019.
There are also two levels in the crossing zone: resistance
and support.
Recently, the price bounced off the intersection of the resistance line and the channel line 1869.32.
And now I expect her to make the following movements:
1. Will fall to the crossing of the level and the resistance line of the ascending channel 1795.71.
2. A rebound to the resistance line 1875.90.
3. Will be adjusted
4. Will grow to the resistance level of 1915.55.
-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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