黃金現貨 / 美元
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HelenP. I Gold can continue to trades in downward channel

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Hi folks today I'm prepared for you Gold analytics. A few days ago price reached the 1975 resistance level, which is located inside from resistance zone, but soon it rebounded and started to decline to the 1930 support level. Later price broke this level and even fell below the support zone, but when it reached the 1900 point, it rolled back and in a short time rose to the resistance level. And then Gold tried to rise higher than the 1975 resistance level but failed and started to decline in a downward channel. Inside the channel, the price tried to rise higher of resistance level again but failed and fell to the 1930 support level, which coincide with the support zone. Now price trades near this level and I expect that Gold can fall to the support line of the channel and then start to move up, therefore I set up my target at the 1950 level. If you like my analytics you may support me with your like/comment ❤️

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