We notice a break of the resistance 3917, from which the price will correct it, then continue descending to levels of 3880 and 3860
A Bainbar candle is forming at the end of the trading week, and we notice a bearish trend, from which it continues to descend to levels of 89.32
The trend is down, there is a corrective wave with the end of the weekly Bianbari candlestick, indicating the continuation of the downtrend targeting 134’30’0
At the end of the week, we notice the formation of the Pinbar candle, which indicates a strong price drop, targeting the targets 0.15617 and 0.14886.
We notice a break of the neckline of 1830, after that it is successfully retested. There will be a slight rise to the neckline again, and then after that gold falls to 1785 levels
We notice a successful break of the resistance 1,20167, and then a successful re-test also, now, when the rise to levels of 1,23556
we notice that the price breached the 126.91 area,retested it ,and then continued rising to 127.30 levels