HelenP. I Gold can correct to support level and then rebound up

Hi folks today I'm prepared for you Gold analytics. A not long time ago price declined to support 2, which coincided with a support zone, and then at once rebounded up to support 1, which coincided with one more support zone. After this movement, the price turned around and made impulse down to support 2 and even lower than this level, thereby breaking it. Also, the price reached the trend line and then started to grow in an upward channel, where it broke support 2 one more time and later reached the resistance line of the channel. After this movement, the price made correction to the support line of the channel, which is the trend line also, and then rebounded up almost to support 1, thereby exiting from the channel. Later XAUUSD broke this level and continued to rise, until it reached 2392 points, after which it made a correction movement to one more support zone. Now, price trades near this area and I expect that XAUUSD will fall to the support level and then rebound up, therefore I set my goal at 2400 points. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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