RLinda

GOLD ! DownTrend. Falling towards the liquidity zone 1780 🙈

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RLinda Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Gold falls on the news background. On the chart, we see a very strong downward channel , which did not allow the price to break through upwards. Thus, we see that the bears are very strong at the moment.

The price breaks through the global strong level 1799.1 against the backdrop of a strong fall. Since the trend is down, it is necessary to wait for the price reaction to this level.

I assume that if the price fixes below this level, then there is every chance that gold can reach my medium-term goal - the 1780 liquidity zone.

Sincerely, R. Linda!
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