GOLD September, 21 2020
Overview:
We notice on the chart above that the pair is trading at the highest level of strong support around 1865, which enhances the chances of the upside during the upcoming period
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1920-1945
Alternative Scenario:
We think that if the 1865 level is broken, it might push the pair down to 1840
Resistance | 1920.00 | 1930.00 | 1945.00 |
Support | 1865.00 | 1850.00 | 1840.00 |
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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