Gold is approaching support, potential rise!

24 בנוב׳ 2020

We are seeing a medium-probability bullish scenario as price is testing our first support area at 1819.49, where we could see a bounce at this level towards our first resistance at 1856.50. The Stochastic indicator is also testing the support level at 5.95, and price continues to trend below the descending trend line.

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