Let's take a look at gold. Yesterday, after a false breakdown, the instrument tried to return to the channel, but it was immediately squeezed back into the long zone. What does this tell us? That quite a few investors go long
After a false breakout of the support level (which was resistance), gold fixes higher and forms a primary impulse.
I expect the price to rise to the resistance of 1976.78, which is a zone of liquidity for the buyer.
Sincerely, R. Linda!