GOLD makes a false breakout of the liquidity zone, returns to the long zone relative to the support of 1724 and forms a consolidation in the long zone.
Previously, we saw a strong price drop, the first time the price stopped at the 1725 zone. Yesterday, the price made a false break, followed by a sharp upward impulse, which indicates that the price has reached the liquidity zone.
I suppose if the price can consolidate above the support level in the long zone, then there is a chance that the price will rise. Short-term target - resistance 1751.7
Sincerely, R. Linda!
Previously, we saw a strong price drop, the first time the price stopped at the 1725 zone. Yesterday, the price made a false break, followed by a sharp upward impulse, which indicates that the price has reached the liquidity zone.
I suppose if the price can consolidate above the support level in the long zone, then there is a chance that the price will rise. Short-term target - resistance 1751.7
Sincerely, R. Linda!
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Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
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