RLinda Trading

Professional trader with more than 12 years of experience in Forex, gold and cryptocurrency markets, including work with various exchanges, brokers and market makers, a large amount of theoretical and practical knowledge. With these capabilities in mind, we offer you the best signal provider service. Best forex signals, crypto signals and accurate gold signals will allow you to become a winner in trading
R.Linda Trading - forecast

GOLD - False breakdown and pullback

GOLD Forecast
Gold is distributive and reaches the resistance of 1998. Long-term retest (about a year) could trigger a bounce of the price down after a false breakdown

RLinda ! GOLD-> The price heads toward 2000, then toward 2100

The trend on the chart is strong. Gold has clearly increased interest in the market after a number of fundamentals, mostly related to the US banking crisis.
I'm expecting a small pullback, maybe around 1980 or 1966, but in the mid-term the growth will continue.

Since we have a strong trend and vraed-ly a false break will give a strong reaction against the strong trend, so I expect a bounce upwards from 1980 (1966). The medium-term targets are 2010, 2020 and 2050.

Regards R. Linda!