DeGRAM

DeGRAM | GOLD completion of growth at resistance level/ Fall

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
As I said last time:
First, the price bounced off the strong support and rose to the line 1731.14.
Then it broke through this line, consolidated towards it and continued to grow.
At the end of last week, it came to the resistance of 1785.48.
Falling in the channel, the price stopped at the support 1695.11.
It fixed on the line twice and rose to the upper head of the trend.
Before reaching the trend line, the price stopped.
Now the price is at the resistance level of 1785.48.
I expect to fall from this point.
Target - 1711.05.


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