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Today, gold came to the 1916-1920 resistance zone as scheduled, and it has not yet completed an effective breakthrough. It needs to rush up to 1921-1923, and then retreat to 1918-1913 to confirm the support. When it completes this action and does not fall below 1913 , then, it will rise again next week.
Another very important thing is next week's NFP data, which will have a very strong impact on gold. I will tell you my point of view next week, please remember to check it!
Today, gold came to the 1916-1920 resistance zone as scheduled, and it has not yet completed an effective breakthrough. It needs to rush up to 1921-1923, and then retreat to 1918-1913 to confirm the support. When it completes this action and does not fall below 1913 , then, it will rise again next week.
Another very important thing is next week's NFP data, which will have a very strong impact on gold. I will tell you my point of view next week, please remember to check it!
Trade active
It has come to 1921-1923Trade active
The 1922 shorts were already making moneyTrade active
it has come to 1918Trade active
Guys, let's start trading today
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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.