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Oct 21, 2020 5:51 AM

Gold Daily : 21 Oct 2020 

Gold FuturesCOMEX

Description

After an initial rejection from the weekly wvap which was our resistance level, Gold held the strength and moved higher.

As we have rallied over 1918 which was a key resistance level and accepted above, we are looking for continuation today to 1925 and 1935 that are higher levels of resistance.

1918 will be once again a key level of support, if we start losing it we are most likely going to see a test of weekly vwap once again and yesterday's point of control.


Important zones

Resistance: 1925, 1935
Support: 1918

Macroeconomic releases
X
Comments
laheirubas42
nice
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