XAUUSD🤑 Local resistance level?📈

21 okt. 2021An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the bearish channel. Cancellation of the option to raise GOLD prices on October 21, 2021 will be a fall and a breakdown of the level of 1705. This will indicate a breakdown of the support area and a continued fall to the area below the level of 1675. Expect an acceleration of the rise in XAU / USD quotes with the breakdown of the resistance area and closing of the price above the level of 1815, which will indicate a breakdown of the upper border of the "Triangle" model and the beginning of the pattern.

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