The Goldprice has broken through the support line and is now on the way to the lower limit of the ascending trend channel.
Also there is a swing trend line (orange) which could be the next support.
stop: if Gold crosses the lower limit of the channel and / or breaks the next support
buy: after the Goldprice has rebounded from lower limit of trend channel
1. aim: resistance line at 1320$
2. aim: trend line (falling trend)
Also there is a swing trend line (orange) which could be the next support.
stop: if Gold crosses the lower limit of the channel and / or breaks the next support
buy: after the Goldprice has rebounded from lower limit of trend channel
1. aim: resistance line at 1320$
2. aim: trend line (falling trend)