new idea on gold
The gold symbol broke the resistance of 1785 upwards and increased its price until 1797. Back in 1785 it was considered a protection that was not maintained by buyers. And until the support of 1782 we had a price reduction.
On the other hand, the support of 1782 has the ability to increase the price until 1785 to 1786.
If the price returns above 1785 its broken support is able to increase the price up to 1804. Otherwise, the price can be reduced to 1771 floor.
And if the support of 1771 is maintained by buyers, the price can increase up to 1780. Here will be an opportunity to sell to break the 1771 support and the 1751 support test.
On the other hand, the support of 1782 has the ability to increase the price until 1785 to 1786.
If the price returns above 1785 its broken support is able to increase the price up to 1804. Otherwise, the price can be reduced to 1771 floor.
And if the support of 1771 is maintained by buyers, the price can increase up to 1780. Here will be an opportunity to sell to break the 1771 support and the 1751 support test.
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