DeGRAM | GOLD first - fall, the second - growth

11 พ.ค. 2021

Yesterday the price bounced off the resistance at 1845.07.
I am adjusting my past forecast.
The price has been moving in a growing channel since March 2021.
During the growth, it broke through the main falling channel at point 1788.86.
Then it came to the resistance at 18.45.07 and turned around.
I expect the price to move in two stages:
1 - drop from resistance to support of channel 1803.13.
2 - growth from support to the resistance zone (channel line + strong resistance level).
Target - 1874.12.

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