DeGRAM

GOLD reason to fall

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FX_IDC:XAUUSD   黃金現貨 / 美元
The price came to the first of my targets.
January 18: Gold pushes back from support 1824.92.
Growth began.
January 19: the price came to the resistance of 1856.42.
After the growth from the support, the price is in the resistance zone of 1855.70.
This is a strong zone formed by the two lines of 2020 and 2019.
This is the reason why the price cannot break it.
I expect the price to fall to support from the resistance zone (the upper border of the channel)
Target - 1813.29.


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