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KnightsofGold
Feb 25, 2021 6:04 PM

XAUUSD - 1H LevelsΒ 

GoldOANDA

Description

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Thats the test of the low and the former pattern, should complete around 1770 and support there. Likely we'll get a retracement tomorrow or into the US close. They've been flushing gold and we don't think they're done yet!!

Keep an eye on the levels. Trade safe.

Support - 1770/1762
Resistance - 1783/1783-5
Comments
kennedysilah
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I also don't think They Will Flash The Gold Too Much And The Bears are Getting Out Already .Now, Come To Think Of It, If the Dollar gets Weak, And Yet the digital Dollar is Not around, Can we Use Gold For Transactions?πŸ€”πŸ€”In the Meantime Ofcourse. The Stimulus Bill will Be Passed Tomorrow Ensuring that Most US citizens get $2000? You Guys You dont want Gold? The Prelim GDP was at 4.1% and we are aiming at 2% for sometime till the Fed tell Us More..It will be 2023 or 2025 πŸ€”? I think its Time we BOUGHT gold
KnightsofGold
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@kennedysilah, Thanks for commenting. Totally possible Gold can and will at some point be a great buy....We don't think that time is yet though. Our technical studies show us that there is potential for the price to go lower before it goes up. We could range between 1740-1820 for a few months but we're not seeing the ATHs yet.
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