Gold- starting the year in important confluence resistance
Updated
Gold has finished the year just shy under 1900 important confluence resistance with the price ranging between 1870 and 1900 in the last days of 2020.
From the 1765 low Gold is bullish, putting in higher lows on our chart and I expect a break above 1900 in the first days of 2021.
My strategy is to buy dips above 1870 and the medium-term target can be 1970 zone. Interim support is found at 1925.
From the 1765 low Gold is bullish, putting in higher lows on our chart and I expect a break above 1900 in the first days of 2021.
My strategy is to buy dips above 1870 and the medium-term target can be 1970 zone. Interim support is found at 1925.
Trade closed: target reached
First target at 1925 reached
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.