✴️ GOLD Daily timeframe. March 15
False break of strong resistance forms a technical pullback. Tuesday closes with the bears, from the opening the price falls and tests the 1885 area.
1) Price is in the 1907-1876 range. From resistance the price can head towards support
2) The trend is still bullish. Earlier it formed a local bottom, which resumed a bullish trend.
3) Technical fallback may finish in the area of 1890-1876.
4) I expect continuation of growth in the medium term. The targets are 1910, 1925, 1960 and 1998
5) On the daily chart price has support in the form of three moving averages, MACD is in the green zone and the signal line is moving towards the neutral zone to cross it. But the RSI is a sell signal. The bulls have the priority.
1) Price is in the 1907-1876 range. From resistance the price can head towards support
2) The trend is still bullish. Earlier it formed a local bottom, which resumed a bullish trend.
3) Technical fallback may finish in the area of 1890-1876.
4) I expect continuation of growth in the medium term. The targets are 1910, 1925, 1960 and 1998
5) On the daily chart price has support in the form of three moving averages, MACD is in the green zone and the signal line is moving towards the neutral zone to cross it. But the RSI is a sell signal. The bulls have the priority.
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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