Gold Dec, 8 2020
Overview:
prices are moving in an upward short-term direction.
Expected:
Gold is approaching a strong resistance around 1875, which enhances the downside chances during today's trading to 1850.
Alternative Scenario:
On the other hand, we see that if the level of 1875 is broken to the upside, this pair might push further up to 1890.
| Resistance | 1875.00 | 1880.00 | 1890.00 |
| Support | 1850.00 | 1845.00 | 1840.00 |
*Risk Disclaimer: 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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