HelenP. I Gold can break resistance level and continue to grow

24 juil. 2024

Hi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the support level, which coincided with the support zone, and at once bounced and tried to grow, but failed and dropped lower this level, breaking it. Then in a short time, Gold rose higher than the 2320 level, breaking it again and some time traded near, after which fell back to the trend line, After this movement, the price rebounded from this line and started to grow and in a short time rose 2391 points, after which made small correction movement. Then price reached the resistance level, which coincided with the resistance zone, broke it, and rose to 2483 points, but soon turned around and dropped to the trend line, thereby breaking the resistance level one more time. But now, XAUUSD trades close to this level and I expect that the price will make a small movement down to almost the trend line and then rebound up higher than the resistance level, breaking it and continuing to move up. That's why I set my goal at 2460 points. If you like my analytics you may support me with your like/comment ❤️