GOLD completion of correction, next step - GROWTH

14 במאי 2021

Let me remind you that at the beginning of the week the price started a correctional movement.
It fell from the resistance line of 1837.80.

Then it dropped to the support line 1808.92.

It pushed off this line and broke through the border of the 1831.01 channel.

I expect the movement to continue. The price will first rise to the resistance line 1849.04. Then it will turn around, break through the support line 1834.62, fix on it and return to the channel. So my final target is the support line 1810.72.

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