Gold is still in the support zone that I talked about in the last forecast
For the last 24 hours the price has been moving along this strong line, breaking through it either in growth or in decline. This is the strong line of 2019
Because before the price came to this line, it showed a very strong and sharp drop. And then she gathered strength and was able to break through this line at the moment of growth. And now it is so perfectly fixed on it. I expect the price to use it as support and start to rise.
The target I expect is the resistance line around 1906.72.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.