The fate of gold
Updated
Gold is clearly fluctuating in a price channel that has recently managed to cross a significant level of price.
If this level is maintained and the demand and power of buyers increase, we can expect price growth to higher levels.
If the corrective step and the power of the sellers increase, the next price levels are indicated in the chart.
Analyze simplr; Trade hard
If this level is maintained and the demand and power of buyers increase, we can expect price growth to higher levels.
If the corrective step and the power of the sellers increase, the next price levels are indicated in the chart.
Analyze simplr; Trade hard
Note
Less than a week! The scenario of gold price decline occurred with the loss of a significant level of price.Gold is now approaching another important price level from which we expect the price to rise.
The price has had several good contacts compared to this valid level (1785-1790) and one can expect the price of gold to rise to the most recent level ($ 1825-1830).
If the price fails to maintain this valid range, the next level may be around $ 1765. We have to wait ...
Analyze simple, trade hard
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