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Tomasgei
Dec 25, 2020 5:21 PM

Gold falling channel price forecasting Long

GoldOANDA

Description

Just gold price forecast for months ahead...my opinion
Comments
wasiza
why not back to 1750?
Tomasgei
@wasiza, it also could be an option but i believe more this scanario. It more fits my point of view on developing huge bull flag pattern from this falling channel.Last dip @1764.57 was a bottom. DXY is very weak and closest supply level (resistance) is 91.80. If 1750 will be true, DXY will be must probably lift to 94 area. Becase low interest rates a helicopter money policy i do not believe in that. ;)
BlueMark
up around 500pip n fast turn around 1500pip.. good luck guys..
TheSignalyst
I am watching this one closely too, but I am anticipating a bearish movement!
Tomasgei
@TheSignalyst, you mean bearish within the channel? to $1750?
TheSignalyst
@Tomasgei, right. how about you?
Masymul_Hisyam
Good idea
Tomasgei
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