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GOLD Situation - 21/Oct/2020
CFDs on Gold (US$ / OZ)
Long
GOLD Situation - 21/Oct/2020
By For3xScalper
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Updated
Oct 22, 2020
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Oct 21, 2020
Hello Traders,
Hope you all are doing good!!
GOLD is under bullish momentum.
1900 level will act as support as long as the G:S ratio is under 79 level.
G:S is under weekly VWAP , however has a support level at 75.5, hence i expect gold to rise till 1932 level & find some resistance there.
G:S has to break the 80 level in order to make GOLD go in bearish momentum & 75 level for more Bullish momentum.
Till then, i believe 1895 to 1932 levels in gold will serve as range.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position.
Oct 22, 2020
Trade active
Gold bounced today from 1895 level same as per our analysis!!
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