DeGRAM | GOLD first - fall, the second - growth
Yesterday the price bounced off the resistance at 1845.07.
I am adjusting my past forecast.
The price has been moving in a growing channel since March 2021.
During the growth, it broke through the main falling channel at point 1788.86.
Then it came to the resistance at 18.45.07 and turned around.
I expect the price to move in two stages:
1 - drop from resistance to support of channel 1803.13.
2 - growth from support to the resistance zone (channel line + strong resistance level).
Target - 1874.12.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
I am adjusting my past forecast.
The price has been moving in a growing channel since March 2021.
During the growth, it broke through the main falling channel at point 1788.86.
Then it came to the resistance at 18.45.07 and turned around.
I expect the price to move in two stages:
1 - drop from resistance to support of channel 1803.13.
2 - growth from support to the resistance zone (channel line + strong resistance level).
Target - 1874.12.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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