GOLD near the strong support \ Grow

24 thg 11, 2020

Gold first came to a strong support zone and bounced off it.

Then it began to grow (we opened a purchase)

But in the end, having almost reached the resistance zone, it fell and broke through the resistance line.

Now gold is not far from a strong support area and I am sure it will reach it.
This area (triangle on the chart) is formed by the intersection of two support + level lines at once.
These are long strong lines, one of them formed in 2019, the second in 2018.

Gold may break the support line closest to it, but I am sure it will stop at - 1791.21, after which it will push off and begin to rise.
The zone is strong, so I expect strong growth. The target is the resistance line 1861.46.
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