HelenP. I Gold may continue to rise and achieve trendline

Hi folks today I'm prepared for you GOLD analytics. Gold, forming the support zone 1935-1940, continued to move up and broke through resistance at the level of 1985. Making a deep correction down, the price re-tested the 1985 level and continued to rise. Higher Gold formed the resistance zone 2045-2050, re-tested it and began to fall. Subsequently, a symmetrical triangle was formed, in which the price traded for a short time and, after breaking down the resistance of the triangle, increased and tried to break through the resistance zone. Gold failed to gain a foothold above the resistance zone, and it began to decline. The price impulsely fell to the 2000 mark, after which it made a deep upward correction, re-tested the trendline and continued to fall. Gold broke through the 1985 level and, after a re-test of current resistance, continued to decline. Recently, the price achieves the support zone, re-tested it and started rising. Gold may continue to rise and test the trendline. Therefore, the goals will be set at the levels of 1965 and 1985 which corresponds to the trend line. If you like my analytics you may support me with your like/comment ❤️
GoldTrend Analysis

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