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GOLD bounce off support / Growth
Since August 2020, the price has been in a falling channel.
The basis of the channel is the line of support and resistance.
A correction line was also displayed in the center of the channel.
This is normal for channels.
The price often gets stuck on this line or makes a correction.
At the moment, the line acts as a support.
The price corrected after the collapse and returned to support 1754.38.
Now I expect the price to bounce and start to rise.
Target - 1821.17.
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Share your opinion in the comments and support the idea with likes. Thank you for your support!
The basis of the channel is the line of support and resistance.
A correction line was also displayed in the center of the channel.
This is normal for channels.
The price often gets stuck on this line or makes a correction.
At the moment, the line acts as a support.
The price corrected after the collapse and returned to support 1754.38.
Now I expect the price to bounce and start to rise.
Target - 1821.17.
--------------------
Share your opinion in the comments and support the idea with likes. Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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t.me/DeGRAMForex
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