GOLD - Price can rise a little more and then start to fall
Updated
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price started to grow inside the rising channel, where it at once fell below $2505 level, but soon rose back.
Prie made a retest, after this and continued to grow to resistance line of channel, which coincided with resistance level.
After this, Gold turned around and fell to support line, and soon exited from rising channel and declined a little more.
Then, price turned around and continued to move up, and later it reached $2685 level, and recently broke it.
At the moment, Gold continues tp move up, and I think that price can make grow a little more and then start to fall.
Gold will fall to support level, break it, and then continue to decline to $2640
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price started to grow inside the rising channel, where it at once fell below $2505 level, but soon rose back.
Prie made a retest, after this and continued to grow to resistance line of channel, which coincided with resistance level.
After this, Gold turned around and fell to support line, and soon exited from rising channel and declined a little more.
Then, price turned around and continued to move up, and later it reached $2685 level, and recently broke it.
At the moment, Gold continues tp move up, and I think that price can make grow a little more and then start to fall.
Gold will fall to support level, break it, and then continue to decline to $2640
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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Gold little grown, therefore, I think it can start to decline now. I still expect this
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