Gold continues to rally in a major downtrend as anticipated from the end of last week. The price bounced off the support level 1680.06, after which it rose to the correction line 1735.89, broke through it and continued to grow. Now we can expect that the price will touch the resistance at 1765.77 and only after that it will fall back to the support at 1680.06.
SL - 1795.59.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1795.59.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.