GOLD 30.11.2021
Overview:
The pair is trading in a downtrend
Expected scenario:
We notice on the above chart that the pair is trading above a strong support level around 1770 dollars, which enhances the chances of ascending to 1800 - 1820.
Alternative scenario:
On the other hand, we see that if the 1770 level is broken down, it might push the pair down to 1756 dollars.
Resistance levels
1800.00
1810.00
1820.00
Support levels
1776.00
1770.00
1757.00
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