English
GOLD 25.01.2021
Overview:
Prices are moving in a short term bearish direction
Expected:
The pair is trading below a strong resistance level around 1870, which enhances the downside chances during today's trading to 1840-1830
Alternative Scenario:
On the other hand, we think that if the level of 1870 was broken to the upside, this pair might push further to the level of 1890
| Resistance | 1870.00 | 1890.00 | 1900.00 |
| Support | 1840.00 | 1830.00 | 1815.00 |
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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