GOLD FALL after breaking the RESISTANCE line

3 feb 2021

So gold continues to move in line with my latest predictions. The movement unfolded in two stages: first there was an increase, then a fall began.
First of all, the price bounced off the support level.

Then it rose to the resistance line, which has existed on the chart since August 2020 and, having touched it, began to fall.

During the fall, the price was able to break through the resistance line - at the moment the support was broken - and now it continues to fall.

I continue to expect the price to fall, especially after it has broken through the resistance line and consolidated on it. This is a good sign to move down. I expect the price to move down to the support zone line at the intersection of the line and the 1804.00 level.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻