GOLD Nov, 20 2020
Overview:
prices are moving in a short term bearish direction.
Expected:
The pair is trading above a strong support level around 1850, which enhances the chances of a bullish move during today's trading to 1870-1885.
Alternative Scenario:
On the other hand, we see that if the level of 1850 is broken to the downside, this pair might be pushed down to 1830.
| Resistance | 1870.00 | 1885.00 | 1895.00 |
| Support | 1849.00 | 1830.00 | 1815.00 |
*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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