GOLD: return to bearish turn after breakout
Elements of the chart that are important to pay attention to:
- trend line resistance from August 2020
- historically strong level 1760.82.
- breakdown of the resistance zone 1773.24.
After the breakout of the level and the turn line, the price began to fall. We can expect a new robust at 1760.82 and a fall in the trend to support 1683.23.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
- trend line resistance from August 2020
- historically strong level 1760.82.
- breakdown of the resistance zone 1773.24.
After the breakout of the level and the turn line, the price began to fall. We can expect a new robust at 1760.82 and a fall in the trend to support 1683.23.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.