GOLD reason to buy

22 dic 2020

I will clarify my previous forecast.
I've refined the graph and added new lines to make the forecast even more useful.
After the price broke through the zone of intersection of the support lines - 1853.05, it rose, but now returns to the line.
The price continues to move in a downward trend.
Towards my intermediate target - the support area 1834.88.
I am sure that during the fall, it will break through the support line 1861.71 and come to the zone.
Three support lines intersect in this zone at once.
Two of them are in 2020 (August and July).
The last one is the oldest, 2019.

I expect the price to start rising from the support zone at 1834.88.
Our task is to wait until the price drops to support.
Then you can start buying.
SL - 1810.64.
TP - 1924.90


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