GOLD next step - grow

27 בנוב׳ 2020

Gold continues to stall for time before rising.
We have been expecting for the second week:
Come to a strong support line first

Then growth from it to the resistance line.

Let me remind you again why I expect growth from this zone -
it is a very strong zone consisting of a level and two support lines of 2019 and 2018.

The fact that the price is "stuck" at the border of the support zone and moves along it is natural.
We have already seen a similar situation on the chart in September, when, after a fall, the price fixed on support and only then began to grow.

I expect the price to complete testing of the support zone 1808.93 and rise to the resistance line 1878.93.

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