English
GOLD August, 03 2020
Overview:
The chart above shows that the pair is trading below a strong resistance level around 1983, which enhances the chances of falling during today's trading
Expected:
Continuing trading below the aforementioned resistance level, may push the pair to the downside to 1959
Alternative Scenario:
On the other hand, we see that if the 1983 level is broken up, it could push this pair up to 1990
| Resistance | 1983.00 | 1985.00 | 1990.00 |
| Support | 1959.00 | 1955.00 | 1950.00 |
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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