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Can Price Continue This Week?
Gold Spot / U.S. Dollar
Long
Can Price Continue This Week?
By TaherJalili
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Aug 31, 2020
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Aug 31, 2020
This is a market we have been charting and discussing heavily in recent times.
Whilst price has now moved through a period of sideways consolidation, it could be looking to make its next serious move.
As the attached 4 hour chart shows; price is testing an important intraday resistance level.
If this gives way price could quickly move back into the recent swing high before once again testing the major resistance level.
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Chart Patterns
priceaction
Trend Analysis
TaherJalili
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