English
GOLD October, 19 2020
Overview:
We notice on the above chart that the pair is trading above an ascending trend line, which enhances the bullish chances during today's trading
Expected:
Continuing trading above the uptrend line may push the pair up to 1920-1925
Alternative Scenario:
On the other hand, the pair may head downwards if negative signals appear below the 1925 level, targeting the 1905 level.
| Resistance | 1920.00 | 1925.00 | 1931.00 |
| Support | 1910.00 | 1905.00 | 1900.00 |
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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