GOLD consolidate on support level/ Grow
After the mid-week crash, gold dropped and bounced off the level.
Then there was a rollback.
Now the price is at the strong support level of 1907.981.
This is a historically strong match.
When the price last touched it in 2011, it collapsed.
It is important that this time the price
a) broke through the level during the growth (in November 2020),
b) after falling over the level, it was fixed on it
c) broke through the level during the growth for the second time.
And stuck on it.
I expect that the price will return to growth from the support level.
It will come to the resistance zone (intersection of two lines)
Target - 1930.446.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Then there was a rollback.
Now the price is at the strong support level of 1907.981.
This is a historically strong match.
When the price last touched it in 2011, it collapsed.
It is important that this time the price
a) broke through the level during the growth (in November 2020),
b) after falling over the level, it was fixed on it
c) broke through the level during the growth for the second time.
And stuck on it.
I expect that the price will return to growth from the support level.
It will come to the resistance zone (intersection of two lines)
Target - 1930.446.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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