Hi all! To effectively assess the current dynamics of gold prices, you need the following:
- A very significant role will be played by the support line held at least on March 25 and 26. A confident breakout along this line could send quotes down, perhaps to the level of 2150. In the near future, I will carry out a reduction taking into account this line.
- The main resistance, where the biggest sales were, remains the March 21 high at 2222.
- A very significant role will be played by the support line held at least on March 25 and 26. A confident breakout along this line could send quotes down, perhaps to the level of 2150. In the near future, I will carry out a reduction taking into account this line.
- The main resistance, where the biggest sales were, remains the March 21 high at 2222.