GOLD fix on support zone and start grow
Step by step, the price is approaching our main goal. Namely: to the resistance line 1873.36.
First, the price came to the intersection of the resistance lines.
Then fell to a strong support zone.
Now it continues to form a movement in the support zone, moving along the upper line.
As I said, this support zone is incredibly strong: it is formed by two lines (2018 and 2019) and a support level.
The line on which the price is now "stuck" - August 2019 - 1808.52. And this was already enough to stop the fall.
I expect the price to bounce off the line and rise to the resistance of 1873.36.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
First, the price came to the intersection of the resistance lines.
Then fell to a strong support zone.
Now it continues to form a movement in the support zone, moving along the upper line.
As I said, this support zone is incredibly strong: it is formed by two lines (2018 and 2019) and a support level.
The line on which the price is now "stuck" - August 2019 - 1808.52. And this was already enough to stop the fall.
I expect the price to bounce off the line and rise to the resistance of 1873.36.
-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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