GOLD keeps falling to support
After a pause at the resistance of 1747.43, the price began to fall.
Thus, fulfilling my previous forecast.
The fall in price is due to the trend of August 2020.
The price came to the peak of the trend after the growth since the beginning of the fall.
in August 2020, the growth ended and the price began to fall.
Falling in a trend (August 2020), the price came to the support zone 1686.68.
The zone has existed since February 2020 (the beginning of the COVID-19 pandemic)
The price bounced off the zone and rose to the resistance of 1747.43.
I expect that from the resistance it will return to the zone again.
The target is 1670.68.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Thus, fulfilling my previous forecast.
The fall in price is due to the trend of August 2020.
The price came to the peak of the trend after the growth since the beginning of the fall.
in August 2020, the growth ended and the price began to fall.
Falling in a trend (August 2020), the price came to the support zone 1686.68.
The zone has existed since February 2020 (the beginning of the COVID-19 pandemic)
The price bounced off the zone and rose to the resistance of 1747.43.
I expect that from the resistance it will return to the zone again.
The target is 1670.68.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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