Gold continues to be in the long zone above the level of 1724.16. At the moment, we see that the price drop has been accelerated by the fact that the downward channel was broken down.
I think that this level may not be broken the first time and after a false breakout, if the price nevertheless makes a false breakout and returns to the long zone above the level of 1724.17, we will see an excellent rollback.
I assume that a false breakdown of the level of 1724.17 is possible to capture liquidity, after which a strong market reaction will follow and we will see a pullback. Short-term target - liquidity zone 1751.7
Sincerely, R. Linda!
I think that this level may not be broken the first time and after a false breakout, if the price nevertheless makes a false breakout and returns to the long zone above the level of 1724.17, we will see an excellent rollback.
I assume that a false breakdown of the level of 1724.17 is possible to capture liquidity, after which a strong market reaction will follow and we will see a pullback. Short-term target - liquidity zone 1751.7
Sincerely, R. Linda!
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NOâŒïž
YouâïžCAN and âïžSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADINGđ”!
đąFree Telegram Channel:
t.me/RLindaTrade
đŽContact:
t.me/RLindaSignals
đ§żWeb: rlinda.com