Gold 19.01.2021
Overview:
Prices are moving in a short term bearish direction
Expected:
The pair is trading above a strong support level around $ 1818, which enhances the chances of it reaching $ 1860
Alternative Scenario:
On the other hand, we believe that if the level of $ 1818 is broken down, it may push the pair further down to $ 1805.
Resistance | 1860.00 | 1875.00 | 1890.00 |
Support | 1818.00 | 1800.00 | 1792.00 |
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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