HelenP. I Gold will reach trend line and then start to decline

2 days ago

Hi folks today I'm prepared for you Gold analytics. Observing this chart, we can see how the price traded inside the support zone, which coincided with the support level, and then dropped below. After this price turned around and made impulse up, reached the 3135 level, broke it, and made a retest. Next, price continued to move up and later it reached the resistance level, which coincided with the resistance zone, and even broke this level and rose to the trend line. But then Gold at once rebounded and fell below the 3385 level, breaking it again, and continued to decline next. When the price fell to 3215 points, it turned around and in a short time rose to the trend line, breaking the resistance level again, after which it turned around and started to fall. Gold broke the 3385 level one more time and later made a gap and then fell to the support level. But not a long time ago, it turned around and started to grow. At the moment, price has almost reached the trend line, so I expect that XAUUSD will reach the trend line finally and then rebound and start to decline. For this case, I set my goal at 3185 points. If you like my analytics you may support me with your like/comment ❤️

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2 days ago

Trade active

Great! Price started to decline! In my mind, it will continue to fall next.

18 hours ago

Trade closed manually

Price broke trend line and continue to grow, that's why I closed this trade.

FirstNameHelen

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FirstNameHelen

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