Gold is testing support, potential bounce | 8 Jan 2021

Name: Gold is testing support, potential bounce | 8 Jan 2021
Uploaded: 2021-01-08T02:43:28.211155
Channel: FXCM
Description: Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.

Long

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Harmonic Patterns Chart Patterns

trendanalysis harmonicpatterns chartpattern

Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.

Comment:

Gold is testing support, potential bounce | 8 Jan 2021

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