Gold has been moving bearish since Friday and trying to approach and test its next support at 1780. There are strong chances of retracement from this point i.e 1780 upto 1820 which will be 400 PIPS!!
In case if it breaches the support level at 1780, it is expected to go down further and enter the 1760-1765 zone which is also a strong support.
Rising COVID-19 cases in US are acting as a catalyst in Gold's upward momentum.
There are strong chances of Gold to touch $1900 in 2020.
In case if it breaches the support level at 1780, it is expected to go down further and enter the 1760-1765 zone which is also a strong support.
Rising COVID-19 cases in US are acting as a catalyst in Gold's upward momentum.
There are strong chances of Gold to touch $1900 in 2020.
Benzer Fikirler
GOLD's NEXT MOVE
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