Gold Spot / U.S. Dollar
Short

HelenP. I Gold can continue to decline inside consolidation

370
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to the support level, which coincided with the support zone, and then tried to rise, but failed and made a downward impulse below the 1980 level, breaking it. After this, XAU in a short time rose back and even later started to trades in consolidation, where it rose to the resistance level, which coincided with the resistance zone and top part. Then price rebounded from this level and fell to the support level, but at once rebounded and made an impulse up back to the resistance zone. But a not long time ago it declined from this zone and now it continues to trades in range. For my mind, I think that Gold can rise a little more to the resistance level and then it will continue to decline. That's why I set my target at the 2030 level. If you like my analytics you may support me with your like/comment ❤️

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