GOLD ! 2 scenarios: growth and decline. What will happen next?🤔

The situation is logical and interesting at the same time. The price breaks through the resistance of 1787.4 and consolidates above this level for a long time, making false breakdowns downwards.

Under the price passes the formed ascending support line, above which the price is at the moment.

The situation is stalemated by the fact that the price cannot go up and cannot renew the local tops, i.e. there are two scenarios: growth after a false break-down of the level and support line. Or a break-down and formation of correction. What to expect further?

Sincerely R. Linda!

Сделка активна