HelenP. I Gold can fall to trend line and bounce up to $2185

Mar 22

Hi folks today I'm prepared for you Gold analytics. A few moments ago price rebounded from the trend line and rose to the support zone, but when it reached this zone, XAU at once made the correction below. After this movement, the price turned around and continued to rise to the support level, which is located in the support zone, and in a short time later Gold broke the 2145 level. Next, the price made a retest and soon rose to the resistance level, which coincided with the resistance zone, but at once rebounded and started to decline. In a short time price declined to the support zone, after which it turned around and some time traded near, until it reached the trend line, and then Gold made a strong impulse up to 2220 points, thereby breaking the 2185 level. But soon, the price turned around and in a short time fell below the resistance level, breaking it one more time and making a retest. After this, XAU continued to fall, so, I think that the price will decline to the trend line, after which it will turn around and rebound up to the 2185 resistance level, which is my target also. If you like my analytics you may support me with your like/comment ❤️