XAUUSD 18 03 2021
Now the price is working out the correction, which should stop in the support zone 1733.33 This is a small area formed around the two support lines. The oldest is December 2020 and very small from the beginning of March. As you can see, the price has tested this zone several times. Thus, I expect the price to reverse from the support line and rise to the resistance line of 1766.88. This will be our goal.
Now the price is working out the correction, which should stop in the support zone 1733.33 This is a small area formed around the two support lines. The oldest is December 2020 and very small from the beginning of March. As you can see, the price has tested this zone several times. Thus, I expect the price to reverse from the support line and rise to the resistance line of 1766.88. This will be our goal.