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GOLD vs EURO 21.01.2021
Overview:
Prices are moving in a short term bearish direction
Expected:
The pair is trading above a strong support level around 1530, which enhances chances of a bullish move during today's trading to 1550
Alternative Scenario:
On the other hand, we think that if the 1530 level is broken to the downside, this pair may push further down to 1520.
| Resistance | 1550.00 | 1560.00 | 1570.00 |
| Support | 1530.00 | 1525.00 | 1520.00 |
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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