RLinda ! GOLD-> Continuation of growth after a pullback

6 ott 2022

Gold is in a very active phase. The strong impulse against the main trend is formed. Let me remind you that earlier there was a false breakdown relative to the key liquidity zone.

Globally, the gold is in a strong decline, but there was a false-break, after which we see higher trading volumes and a strong momentum, which breaks through the strong resistance levels, and does not reach the liquidity zone 1734, forming a reversal in the form of a technical pullback.

I assume that the pullback can reach the strong trend line formed from February 2019, after which I expect the continuation of the price growth to the resistance zone.

Regards R. Linda!