So 2020 was the best year for GOLD , we saw a 22% increase and the price increased of up to $350 , the overall outlook in my opinion in bullish but we know that there will always be the pullbacks in price.
We had the November lows of $1760 and we have a strong resistance at the $1900 level , so if we see the price break this level it could open the doors to a bullish continuation.
- $1900 break out ✅ BULLISH
- $1875 reject or struggle to push higher would weaken the bullish outlook
We had the November lows of $1760 and we have a strong resistance at the $1900 level , so if we see the price break this level it could open the doors to a bullish continuation.
- $1900 break out ✅ BULLISH
- $1875 reject or struggle to push higher would weaken the bullish outlook