GOLD strong support for buy trade
As I said in my previous forecast, after breaking through the upper support line, the price pulled away from the next one (1733.22) and began to grow.
Right now, the price is on the support line 1786.15. Together with the near line, it forms a strong support zone. Since one of the lines was formed in 2018, and the second in 2019.
The price is well entrenched in the support zone. This can be judged by the fact that she had enough resources to break through the support line again. Taken together, this gives reason to expect stable growth in the near future. I think it's time to open a purchase.
SL - below support zone
TP - in the area of the resistance line 1861.82.
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Thank you for your support!
Right now, the price is on the support line 1786.15. Together with the near line, it forms a strong support zone. Since one of the lines was formed in 2018, and the second in 2019.
The price is well entrenched in the support zone. This can be judged by the fact that she had enough resources to break through the support line again. Taken together, this gives reason to expect stable growth in the near future. I think it's time to open a purchase.
SL - below support zone
TP - in the area of the resistance line 1861.82.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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