Oro / Dollaro
Short

Gold is testing the seller zone and may start to decline

1150
Hello traders, I want share with you my opinion about Gold. Watching the graph, we can see how Gold growing for a while in the ascending channel, after which it broke through the support line, level 1845 and fall to the level 1810. We can also see how price created a support line that it retested and started to move up. After the breakdown of the resistance level, the price continue to rise and reached the seller zone 1865-1870. Currently, the price is inside the seller zone and may begin to decline. I think that on Monday, after the opening of the market, Gold can begin to fall and may reach the support level. So the targets for Gold, I see level 1855 and support level 1845. Please share this idea with your friends and click Boost 🚀

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