UnknownUnicorn15614419

GOLD: fall between strong levels - correction?

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FOREXCOM:XAUUSD   Guld / USA-dollar
During the fall in the global downtrend, which began in August immediately after the rapid rise in the price of gold (due to the unstable world situation), the price was able to break through the strong resistance level 1763.01 and is now moving between this level and the support level 1677.63. At the end of last week the price bounced off the resistance level and now it can be expected that it will drop to the support of 1677.63. SL - 1791.65.

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