XAUUSD GOLD retrace off 1900
Updated
CURRENT EVENTS:
Gold prices spiked to $1900 in Asia session yesterday, jumping to 6-week highs after lawmakers in Washington agreed to $900 billion package of pandemic aid.
LOOKING FOWARD:
Covid Crisis has European nations close all travel and traffic with the UK – the world's 5th largest economy – where a new strain of Covid-19 forced the Government to impose new lockdown restrictions and ban any Christmas gatherings across most of the country.
TODAY SUPPORT:
Very simple targets of previous lows.
Target 1 - 1868.89
Target 2 - 1851.22
Gold prices spiked to $1900 in Asia session yesterday, jumping to 6-week highs after lawmakers in Washington agreed to $900 billion package of pandemic aid.
LOOKING FOWARD:
Covid Crisis has European nations close all travel and traffic with the UK – the world's 5th largest economy – where a new strain of Covid-19 forced the Government to impose new lockdown restrictions and ban any Christmas gatherings across most of the country.
TODAY SUPPORT:
Very simple targets of previous lows.
Target 1 - 1868.89
Target 2 - 1851.22
Note
Note
TARGET 1 HitStops moved to entry for USA GDP high impact news in 4 hours
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