זהב / דולר אמריקאי
לונג

GOLD open buy trade

1700
First the price rose to a strong resistance line and began to fall (I said that it would break through the support line).
GOLD start falling from resistance line

And after that the price broke through the resistance line (former support) at the point 1879.57.
GOLD continues to falling to support line

After falling from strong resistance, gold did manage to break through the nearest line.
GOLD firstly - falling, then - grow to resistance

Right now, the price has come to the support line (1857.02), bounced off it and started to grow slightly.
What's interesting about this support line?
Although it has existed for no more than three months (since September), it has already stopped the price decline several times and turned it in the direction of growth.
תמונת-בזק
And now I also expect growth.
It's time to open your purchase.
SL - along the support line in the area of ​​1852.11
TP - at the intersection of resistance lines (the price will not break them) in the area of ​​1887.35.

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