GOLD - Price can turn around and start decline to support area
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined to mirror line, thereby breaking $2020 support level, which coincided with support area.
After this, price started to move up between this line and soon broke support level one more time.
Soon, Gold declined below mirror line, but then price made upward impulse to $2155 level, breaking this line again.
Next, price broke this level and started to trades in flat, where later reached mirror line one more time.
But then Gold turned around and a little declined, after which a not long time ago started to move up.
Now, in my mind, price can reach top part of flat and then bounce down to $2140 support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price declined to mirror line, thereby breaking $2020 support level, which coincided with support area.
After this, price started to move up between this line and soon broke support level one more time.
Soon, Gold declined below mirror line, but then price made upward impulse to $2155 level, breaking this line again.
Next, price broke this level and started to trades in flat, where later reached mirror line one more time.
But then Gold turned around and a little declined, after which a not long time ago started to move up.
Now, in my mind, price can reach top part of flat and then bounce down to $2140 support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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