GOLD recently touched the 1302 levels, which is Week1 support. I expect a quick retracement as RSI is showing OS . If it breaks above 1311 then there is a good chance that we will see 1346 and 1365 again within 2-3 weeks. This is not any trading advice! Just my own opinion and analysis.
Thanks
Note
GOLD reaced higher then my target from last 2years. Could it be the ultimate invest for 2020 targeting $2050 ?*** Just sharing my own point of view through classical charting.
*** Not an investment advice.
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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.