GOLD will BREAK SUPPORT line

28 окт. 2020 г.

For starters, let me remind you of my past ideas that came true.
Initially, the price rose to the resistance line.

Then it continued to rise from the support zone.

After yesterday's drop, gold has fixed in the support / resistance zone. The price continues to move neatly without strong fluctuations.

It is located near the intersection of two lines: resistance and support. Obviously, they are now holding back the movement.

However, I expect that after such a temporary calm down, the price will leave the zone.
I expect the price to bounce off the resistance line and break the support line. After that, it will gain a foothold at the intersection of the lines and continue to fall. In this case, the price target is the support line 1853.7.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻