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GOLD 01.04.2021
Overview:
Prices are moving in a short-term uptrend
Expected scenario:
The above chart shows that the pair is trading above a strong support level around 1720, which enhances the chances of a bullish move during today's trading to 1739.
Alternative scenario:
On the other hand, we think that in the event of a break of the 1720 level, it might push the pair further down to 1708.
Resistance | 1739.00 | 1750.00 | 1765.00 |
Support | 1720.00 | 1708.00 | 1700.00 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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