Gold is facing bullish pressure, potential for a further rise

10 בדצמ׳ 2020

Price is approaching our first support level at 1817.72, in line with our 50% Fibonacci retracement and horizontal pullback support, where we could see a potential bounce up to our first resistance level at 1965.57, which is in line with our 61.8% Fibonacci retracement and horizontal swing high resistance.

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