Analysis for beginners: Gold, 09.05.2017

The price of gold, he, this week, reached the resistance at 1295,00. In addition, the price has lately been driven up to the 1215,00. The course broke up above the resistance level. Then the price has fallen like a stone to the 1274,00.

All the indications are now that we see an outbreak. Broken area (where the support 1274,00 meets the trend line) may the fall continue to one of the guides at the 1260,00.

We can expect a rebound in the next few days. The goal then becomes a level of 1295,00.

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