DeGRAM | GOLD growth from the support level

13 במאי 2021

My past predictions have come true.
The price has made a small growing channel.
Pushed off the resistance 1853.67.

And went down to support 1806.32 (but hasn't touched it yet)

I expect the price to move in two stages:
1 - consolidation at the support level of 1798.11.
This is a historically strong level, the breakout of which already serves as a signal that the price is ready to rise.
2 - rebound from the level to the resistance line.
The target is 1851.50.

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