GOLD September, 28 2020
Overview:
The chart above shows that the pair is trading below a strong resistance level around 1876, which enhances the downside chances during today's trading
Expected:
Continuing to trade below the aforementioned resistance level, may push the pair down to 1855
Alternative Scenario:
On the other hand, we think that if the level of 1876 was broken to the upside, this pair might push up to 1890
Resistance | 1876.00 | 1890.00 | 1895.00 |
Support | 1855.00 | 1845.00 | 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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