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GOLD sets the trend and SILVER follows.
Gold Spot / U.S. Dollar
Short
GOLD sets the trend and SILVER follows.
By DENCHMON
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Jan 17, 2021
3
Jan 17, 2021
Had to break even on my last gold idea but we had an idea that gold may find resistance at the 1960 resistance.
Now we're sitting deep within a downtrend and a break of 1830 could mean gold forms a double bottom at 1770 and gets primed for a move up.
1720 is the last support and if that's broken then 1580 doesn't seem that unlikely.
Chart Patterns
Gold
Silver
Technical Analysis
Trend Analysis
DENCHMON
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