✴️ GOLD Daily timeframe. January 19
The outlook for gold from a weekly timeframe perspective shows quite good dynamics.
1) The previous week's bar closed at 95% of its high. The market has not gained ground and will continue to push the price in the medium term
2) Price enters a wide range, resistance is 1981, support is 1890
3) A technical pullback is forming, which plays the role of a secondary movement to anchor the price in the long zone
4) The trend remains rising
5) The key level for the growth continuation is the previous bar peak - 1921.9
1) The previous week's bar closed at 95% of its high. The market has not gained ground and will continue to push the price in the medium term
2) Price enters a wide range, resistance is 1981, support is 1890
3) A technical pullback is forming, which plays the role of a secondary movement to anchor the price in the long zone
4) The trend remains rising
5) The key level for the growth continuation is the previous bar peak - 1921.9
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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