English
GOLD 14.04.2021
Overview:
Prices are moving in a short term downtrend
Expected scenario:
The pair is trading below a strong resistance level around 1750, which enhances the downside chances during today's trading to 1730 and from there to 1723.
Alternative scenario:
On the other hand, we think that if the 1750 level is broken to the upside, this pair might push further up to 1760
| Resistance levels | 1750.00 | 1760.00 | 1775.00 |
| Support levels | 1730.00 | 1723.00 | 1700.00 |
Disclosure of risk: 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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