Price on Gold can go either up or down. Price can go to next resistance zone and reject and then drop until next support zone. Price can also go down to the next support level, bounce off that and then go up until it hits the next resistance level. Price can also go up; but break past the resistance zone; form a new support level; and do a pull back before shooting up to the next résistance level. Price can also go down to the next support level and break past that level; and set a new resistance level. Then do a pull back and continue shooting down.
Penafian

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