English 
GOLD, February 8, 2021
Overview:
Prices are moving in a short-term downtrend
Expected:
The pair is trading below a strong resistance level around 1817, which might push the index to go downwards to reach the level of 1800
Alternative Scenario:
On the other hand, we believe that if the level of 1817 is broken to the upside, this pair might be pushed further up to 1836.
| Resistance | 1849 | 1836 | 1817 |
| Support | 1773 | 1790 | 1800 |
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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