HelenP. I Gold can break trend line and continue fall to $2290

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Hi folks today I'm prepared for you Gold analytics. A not long time ago price little declined and then made impulse up higher than the resistance level, which coincided with the resistance zone, but soon turned around and declined below this level, making a fake breakout. Then Gold reached the 2400 resistance level again, but at once rebounded and fell to the support zone, which coincided with the 2310 support level, and then rebounded and tried to grow. Price failed and in a short time declined lower the 2310 level, breaking it and later even reaching the trend line, after which rebounded up and broke the 2310 support level one more time. The Gold made a strong impulse up, an even higher resistance level to 2450 points, but soon turned around and started to decline. In a short time price fell to the trend line, thereby breaking the 2400 level again and now it continues to trades near this line. For my mind, XAUUSD will make a small move up and then rebound down to 2290 points, thereby breaking the trend line and also the support level. If you like my analytics you may support me with your like/comment ❤️
評論
Gold made a fake breakout of the trend line and now continues to trades very close to this line. For this case, I think it will soon break this line again and fall to the support level, after which make little movement up and continue to decline to my goal
ForexGoldpatternTrend AnalysisXAUUSD

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