GOLD WEEKLY
Do you think the GOLD rise is over?
Do you think a downtrend has started?
Look at this chart and fallow our analysis.
The rise began in December 2015.
n 2019 and early 2020 we saw a sharp increase of over $700.
The decrease from last week is down to 38.2 per Fibonacci of this movement. This is a completely normal correction, after which we can expect new higher values.
The resistance levels at the break of the last peak of $1700 are $ 1741, followed by $ 1810 and $ 1908.
Trendline wishes you a successful trade and don't forget to look longer!
What movement do you expect for GOLD?
Leave your thoughts in the comments below.
Do you think a downtrend has started?
Look at this chart and fallow our analysis.
The rise began in December 2015.
n 2019 and early 2020 we saw a sharp increase of over $700.
The decrease from last week is down to 38.2 per Fibonacci of this movement. This is a completely normal correction, after which we can expect new higher values.
The resistance levels at the break of the last peak of $1700 are $ 1741, followed by $ 1810 and $ 1908.
Trendline wishes you a successful trade and don't forget to look longer!
What movement do you expect for GOLD?
Leave your thoughts in the comments below.
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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