XAUUSD Gold downtrend
GOLD
The price perfectly fulfills my last idea. The price reached the targeted zone. After building a double top, the gold market broke and fixed below its key price level at 2000. Price action is now back in a possible range zone. If the market fails to display enough strength to penetrate the range zone, I think it could fall from the zone because we can see a lot of rejections at resistance. My long term goal is a support level around 1950.
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My past forecasts on GOLD 👩💻
№1GOLD +175p✅
№2GOLD +123p✅
№3GOLD +171p✅
№4GOLD +180p✅
№5GOLD - 91p❌
№6GOLD +230p✅
№7GOLD +258p✅
№8GOLD +280p✅
№9GOLD +388p✅
№10GOLD +196p✅
№11GOLD +215p✅
№12GOLD +192p✅
№13GOLD +172p✅
№14GOLD +222p✅
The price perfectly fulfills my last idea. The price reached the targeted zone. After building a double top, the gold market broke and fixed below its key price level at 2000. Price action is now back in a possible range zone. If the market fails to display enough strength to penetrate the range zone, I think it could fall from the zone because we can see a lot of rejections at resistance. My long term goal is a support level around 1950.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩💻
№1GOLD +175p✅
№2GOLD +123p✅
№3GOLD +171p✅
№4GOLD +180p✅
№5GOLD - 91p❌
№6GOLD +230p✅
№7GOLD +258p✅
№8GOLD +280p✅
№9GOLD +388p✅
№10GOLD +196p✅
№11GOLD +215p✅
№12GOLD +192p✅
№13GOLD +172p✅
№14GOLD +222p✅
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