RLinda

GOLD ! Confirmation of resistance followed by decline

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold confirms the lower limit of local consolidation with yesterday's movement. Previously, the price went up abroad, but after a false breakdown, it fell sharply. After the second break down, there was a pullback hinting at a false break, but the price confirmed the level and fell, telling us about a trend change

There is a level 1872.21 on the chart,
which is the key support at the moment. After a local false breakout, the price does not roll back up, but returns for a breakout on a retest.

I assume a price decline after the breakdown of the support level of 1872.21 to the level of 1851.

Sincerely, R. Linda!

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