GOLD: the price remains in a downtrend and continues to fall

20 thg 4, 2021

Having bounced off the support zone 1677.82 for the second time at the end of March, the price showed strong growth. During this growth, it was able to break through the support line at 1734.58 and come to the resistance zone at 1765.77. In this zone, the resistance level and the line of August 2020 intersect. Now we can expect that from this zone the price will fall again to the support level of 1677.82.

Remember, there is no place for luck in trading - only strategy!
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