GOLD Idea 27/05/2020 Key levels

27 May 2020

GOLD break a triangle and find support in 1700.


I expect a test of resistance level from the triangle and show how strong the bears would be.

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29 May 2020

Not

I will allow myself another comment on gold. On the daily chart we can see a small triangle that was drilled on May 14. This week, depending on the brokers, the schedule may be a little different. But one thing is visible on all graphs. It leaves a pretty good pin bar and we have a rise to the resistance zone and a trend line resistance again. Today the market will try to break the trend resistance line, already having a fresh touch by 1726. The most important question is whether the market will be able to close above this line, if so - I see no problem by 1750. If not - there is room for more at least a week to show where we're going.

29 May 2020

İşlem aktif

2 Haz 2020

Not

TP1 reached. Next station TP2.