GOLD is forming a small pullback after testing the price of 1700. On the previous idea, I marked the level of 1690, to which the price did not reach a little, but the price is trading in the zone where the fall is supposed to end.
I expect that from the resistance of 1724.2 the price may form another downward impulse to the liquidity zone of 1690, and after it already form a rollback.
I expect the price to fall from the level of 1724 to the support of 1690, but on one condition, if the price makes a false breakout of 1724 and consolidates below the level. The medium-term goal is support for 1690.
Sincerely, R. Linda!
I expect that from the resistance of 1724.2 the price may form another downward impulse to the liquidity zone of 1690, and after it already form a rollback.
I expect the price to fall from the level of 1724 to the support of 1690, but on one condition, if the price makes a false breakout of 1724 and consolidates below the level. The medium-term goal is support for 1690.
Sincerely, R. Linda!
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NOโผ๏ธ
Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING๐ต!
๐ขFree Telegram Channel:
t.me/RLindaTrade
๐ดContact:
t.me/RLindaSignals
๐งฟWeb: rlinda.com