UnknownUnicorn15614419

GOLD: reversal in bearish trend and return to support

Short
OANDA:XAUUSD   Or / Dollar Américain
Pushing off against the support level 1677.45, the price was able to show strong growth and broke through the resistance zone (consisting of two lines in August 2020) 1733.65. After this breakout, the price moved up to the minor resistance line 1759.31, which was formed earlier this year. It can be expected that the price will fall from it, break through the nearest support again and return to the level of 1677.45.

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