Gold started to fall from the resistance line.
Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit.
Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal, began to fall. Although the price is still at the SL border, I continue to expect a fall.
Let me remind that both of these lines are the boundaries of the rising channel, formed in November 2020. During the growth in this channel, the price has already managed to break through the strong support line, which has been defining a downtrend since August.
Now the price is at the upper border of the channel, the resistance line. It has been moving along the line for the last 24 hours, having well fixed itself on it. And today it has obviously begun to fall. And now I expect the price to continue falling and come to the support line of 1907.12.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit.
Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal, began to fall. Although the price is still at the SL border, I continue to expect a fall.
Let me remind that both of these lines are the boundaries of the rising channel, formed in November 2020. During the growth in this channel, the price has already managed to break through the strong support line, which has been defining a downtrend since August.
Now the price is at the upper border of the channel, the resistance line. It has been moving along the line for the last 24 hours, having well fixed itself on it. And today it has obviously begun to fall. And now I expect the price to continue falling and come to the support line of 1907.12.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.