Lingrid

GOLD reversal in RESISTANCE zone and FALL

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the breakdown of the support level of 1763.79, the gold price continued to move between the level and the resistance line of 2018. At the beginning of May, the price pushed back from the level and now it is not a cloud from the resistance zone at the intersection of the lines of August 2020 and March 2018. I expect the price to reverse in the 1805.86 resistance zone. After that, it will break through the support zone 1763.79 and fall to the support line 1710.34. This will be our goal.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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