Long

HelenP. I Gold can break resistance level and continue move up

Hi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price rose higher of resistance 2, which coincides with the resistance zone. But in a short time, it fell below and then some time traded there. After the price declined to resistance 1, it at once bounced up to the resistance zone, which coincide with resistance 2, and then made a downward impulse below resistance 1. After these movements, the price made a head and shoulders pattern and at the moment it forms the right shoulder. For this reason, I think Gold can bounce up to resistance 1 and later can try to break it. After the breakout, the price can make retest, thereby finishing the head and shoulders pattern and then continuing to grow. Therefore I set up my target at the 1945 level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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