Gold can make a little movement up and then bounce down
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Hello traders, I want share with you my opinion about Gold. By observing the chart we can see how price, after correction to 1950 at once bounced up and made strong upward impulse to seller zone, breaking resistance level. After Gold reached seller zone it made correction to resistance level again and at once back up. But on this time, it can't fixed and made a downward impulse to support area, thereby falling below resistance level. Next, Gold started trading inside from range, in which it continue trading at the moment. May be price can make a little movement up and then bounce down to support level which coincide with support area. Therefore I set my target at 1940 support level. Please share this idea with your friends and click Boost 🚀