GOLD is in a strong negative trend. Over the past few days, we have seen a strong drop in price by several percent, which is a serious move.
Yesterday, the price showed us that it would not grow, fixed in short zones and fell several tens of points short of strong support at 1724.
I assume that the trend is down and it makes sense to wait for the continuation of the fall. There is another reason - the support zone of 1724 has not been reached. The price rolls back to the resistance and I expect that the resistance will continue to fall.
Sincerely, R. Linda!
Yesterday, the price showed us that it would not grow, fixed in short zones and fell several tens of points short of strong support at 1724.
I assume that the trend is down and it makes sense to wait for the continuation of the fall. There is another reason - the support zone of 1724 has not been reached. The price rolls back to the resistance and I expect that the resistance will continue to fall.
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