GOLD: will break the trend and start growing?
Gold is in the process of falling (see my previous forecast). The price levels we are targeting were formed based on the highs and lows of the price of the previous downtrend (October-December 2020). As you can see, the new descending channel (December -...) has already worked out some of these levels. The price is now dropping from 1859.94. And it will drop as a minimum to the level of 1819.34. At this point, the trend can be broken. But let's not rush and wait for the price formation.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Penafian
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