RLinda

GOLD ! Drop after resistance retest.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold shows us a downtrend, a downward breakdown of the downward channel was made earlier and the price reached the resistance, which is the lower limit of the range. For this level, the struggle went on for several days. Yesterday the market was determined and the victory was for the bears.

Today, after a false breakdown of support, the price returns to resistance and forms a side range. Since the trend is down, there is every chance of a fall.

I expect the price to fall from resistance. The short term goal I'm interested in is 1832 support

Sincerely, R. Linda!

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