GOLD comes to strong resistance/ Fall
After the collapse in early January, the price returned to the resistance level again.
The growth was based on the support zone.
Strong resistance level existing from the beginning of the chart.
The last touch was in 2011.
The first breakout of the level occurred in the summer of 2020.
In January, the price collapsed and broke through the resistance level of 1866.83.
It moved from the level to the support zone of 1826.32.
Now the price is again at the level.
I expect that from strong resistance it will fall to the support zone (zone + line 2019).
The target is 1822.67.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The growth was based on the support zone.
Strong resistance level existing from the beginning of the chart.
The last touch was in 2011.
The first breakout of the level occurred in the summer of 2020.
In January, the price collapsed and broke through the resistance level of 1866.83.
It moved from the level to the support zone of 1826.32.
Now the price is again at the level.
I expect that from strong resistance it will fall to the support zone (zone + line 2019).
The target is 1822.67.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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