RLinda ! GOLD-> There is an important goal ahead. What's next?

15 set 2022

GOLD continues its fall We see the metal price continues to decline and this time the price breaks through the local lows and forms a consolidation in the short zone - the next target is the 1677 zone

On the chart I have marked the important moments, such as the attempts of the price to test and reverse for the energy gain, the retest without the possibility to renew the lows - this does not show the weakness of the market, but the opposite - the market is gaining energy to reach the important 1677 zone, after the break-down of which the burst of volume should follow.

I assume that in the nearest future the price will reach the 1677 zone, and we will probably see a false-break, after which I will expect a pullback.

Regards to R.Linda!