๐GOLD 07/25/2022: reverse attemptโ๏ธ
๐Priority direction: Down.
๐Description: Friday's growth last week allowed the metal to strengthen, but buyers stopped at $1725. The price is currently trying to stop the local downtrend. Within 1-2 days, it will most likely be clear whether this will be done or not. At the moment, the focus is on the $1710 and $1700 levels. In the medium and long term, the instrument will most likely turn up, but before that there is a high probability that there will be another approach to $1700 and even lower.
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๐Description: Friday's growth last week allowed the metal to strengthen, but buyers stopped at $1725. The price is currently trying to stop the local downtrend. Within 1-2 days, it will most likely be clear whether this will be done or not. At the moment, the focus is on the $1710 and $1700 levels. In the medium and long term, the instrument will most likely turn up, but before that there is a high probability that there will be another approach to $1700 and even lower.
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Thank you for your support, subscribe and share your ideas here๐
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