GOLD October, 29 2020
Overview:
prices are moving sideways
Expected:
We note on the chart that the pair is trading above a strong support level around 1870, which enhances the chances of a bullish move during today's trading to 1890-1900.
Alternative Scenario:
On the other hand, we see that if the level of 1870 is broken to the downside, this pair might push down to 1860-1850.
Resistance | 1890 | 1900 | 1915 |
Support | 1870 | 1860 | 1850 |
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