GOLD correction at SUPPORT line and GROWTH

After the price bounced off the 1800.37 level, gold fell non-stop. During this decline, it almost touched the bottom of the long downtrend that began in August last year.

The price bounced off the support zone 1682.90 and resumed its growth earlier this week.

Now the price has come to the support line 1736.25. This line was formed in the middle of the channel and within its limits the price has corrected the movement more than once. Now I expect the price to continue to rise from the support line to the resistance area of ​​1800.37


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