Lingrid

GOLD growth to RESISTANCE line and FALL

שורט
OANDA:XAUUSD   זהב / דולר אמריקאי
Gold bounced off the 1726.19 support line and returned to the 1750.36 support line. This is a hopeful growth after the massive collapse that happened last week. The price bounced off a strong support line formed in June 2016.

From this line, I expect the price to rise to the resistance zone. The price will first fix on the line in the area of ​​1745.68, after which it will break through the level of 1800.37 and rise to the resistance line of 1812.72. From this point it will be possible to start a sell deal. Because from there the price will reverse and fall again into the support zone 1732.43. This will be our goal.

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

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