Buy gold against this point - it will surely bounce 1-2%. I will in further in depth analysis this evening. Thanks, have a good day.
*Remember! Futures trading involves a substantial risk of loss and is not suitable for all investors.
*Remember! Futures trading involves a substantial risk of loss and is not suitable for all investors.
Note
Monthly support as well
Note
Gold closed at 1764. 1764 is 50% of the range made from the Mar2020 low of 1452 to Aug2020 high of 2076. This is a very important price point and gold printed a weekly close right on it. Something is cooking in the gold market...
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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.