GOLD - Price can break mirror line and fall to support level

27 Jan

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Some days ago price broke $2585 level and entered to flat, where it continued to grow and reached $2720 level.

After this, price made a correction movement, after which some time traded and then bounced back.

Then Gold turned around and in a short time declined to $2585 level, after which started to move up between mirror line.

Price rose to $2720 level one more time and then broke it, thereby exiting from flat too and then continuing to grow.

But a not long time ago Gold started to decline and at the moment it trades almost near to mirror line.

Possibly, price can rise a little and then fall to $2720 level, breaking mirror line one more time.

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28 Jan

Dagangan aktif

Great! Price broke the mirror line and now trades close to the support area. For this case, I think that Gold can rise a little higher than the mirror line and then fall to the support level: