Against the background of the dollar's growth, the price of gold continues to fall. Here are three of my predictions that came true over the past week. 1. 2. 3. A couple of days ago, gold had enough strength to break through the resistance line, after which the price was able to fall even lower behind the resistance. Together, this gives us a signal to open a sell trade. I expect the price to fall to the support line - TP. If the price goes up, place the SL at the intersection of the resistance lines.
-------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
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.