Short

HelenP. I Gold can decline to support line of upward channel

Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price a few moments ago traded close support zone and even fell below it. After this price bounced higher of support 2 with the support zone, but soon made a correction to the trend line, where later Gold started to grow inside the upward channel. Inside channel price reached support 1, which is located inside one more support zone. After this, the price at once made a little correction below and then continue to move up to the resistance line of the upward channel, thereby breaking support 1. But recently price rebounded down and now trades below the resistance line. In my mind, Gold can continue to fall to the 1960 support level, which coincides with the support line of the upward channel. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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