GOLD pause at RESISTANCE line and FALL

2021年4月21日

After the price bounced off the support zone 1675.91 at the end of March, it was able to show strong growth. First, during the growth, the price broke through the support line at 1731.84 and fixed on it. After fixing on the line, the price continued to grow and eventually grew to the resistance trend line 1784.10. This is a strong line formed in August 2020. The price has been with her since the end of last week.

During this time, she made two attempts to break through the line. but no breakdown occurred. I expect that after a pause at the resistance line, the price will reverse and start falling. It will fall to the support line 1704.07. This will be our goal.

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