HelenP. I Gold will break support level and continue to fall
Hi folks today I'm prepared for you Gold analytics. This chart shows how the price rebounded from the trend line and started to grow to support 2, which coincided with the support zone. When the price reached this level, it broke it and rose a little more, but soon turned around and made a correction movement to the trend line, breaking support 2 one more time. Later, Gold rebounded from the trend line, broke the support level one more time, and continued to move up. In a short time later, the price rose to almost support 1, which coincided with one more support zone, and then dropped to the trend line. Price some time traded near the trend line and then quickly backed up to support 1. When Gold reached support 1, it broke it and rose a little more, but recently XAu turned around and dropped back to the support level. At the moment, the price traded near this level and I expect that XAUUSD will fall to the trend line, breaking the support level and then making a small move up. After this, the price turned around and continued to decline, breaking the trend line too. That's why I set my goal at 2660 points. If you like my analytics you may support me with your like/comment ❤️
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