The price of gold has reached a critical level
Updated
Gold is currently in a downtrend channel, and it will only start to rise if it breaks through the resistance line. The black line on the chart is the resistance line, and the first support level to watch is around the previous low of $1,812. A stronger support level should be around $1,808.
I will continue to track the movement of gold and share my thoughts with everyone. Feel free to follow and exchange ideas with me!
Note
Gold is currently at a resistance line. Pay attention to the breakthrough of $1821 USD. If it cannot successfully break through, you can hold a short position. If it succeeds, hold a long position.
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