The next dangerous stage, which includes Christmas and New Year's Day.
Technical analysis:
Gold has fallen in a downtrend since August 2020 due to the Corona pandemic, and it is still continuing to decline, decomposed by the usual fluctuations of gold.
And after we entered the descending triangle last month, here is gold correcting its movement to the point 1811, which is the descending trend line. Only the 1870 resistance point occurs, but the upside break will not be easy.
If the price declines from 1811, it will target the point 1679, interspersed with the support point 1732.
Please read the chart carefully and know the roadmap
Technical analysis:
Gold has fallen in a downtrend since August 2020 due to the Corona pandemic, and it is still continuing to decline, decomposed by the usual fluctuations of gold.
And after we entered the descending triangle last month, here is gold correcting its movement to the point 1811, which is the descending trend line. Only the 1870 resistance point occurs, but the upside break will not be easy.
If the price declines from 1811, it will target the point 1679, interspersed with the support point 1732.
Please read the chart carefully and know the roadmap
