1800 was a pivotal point for gold, held well but the strenghth to break was not there, this is of no supprise to me as its more a copy of 2019,drop though November, late range then push north till the new year, I see December the third as entry, but as it ranges any entry below 1805 can be considered ok in my opinion, a drop below 1780 I would consider seriour as main trend reversal
Entry between 1805 and 1790
SL 1780
TP 2182
Entry between 1805 and 1790
SL 1780
TP 2182
Note
A break now after a small drop should see gold pass 1894 with ease, forcing it to break above the main trend line
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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.