DeGRAM | GOLD breakout, consolidation and fallThe latest forecast continues to come true.
Namely: the price rose to resistance and reversed in the fall.
In early March, the price bounced off the 1684.17 support.
After that, the price had two growth stages.
After the first jump from the level, the price stopped at the resistance line 1752.90 (July 2020).
Then she fell back to level again.
After the second bounce, the price came to the same resistance line.
Made a false break.
Now the price is at the resistance of 1737.31.
I expect the price to be:
- will consolidate at the resistance of 1732.85.
- will fall to support.
The target is 1684.17.
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