Congratulations to those who have followed my recent both
analysis of Gold. All went 100% accurately.
2020 is going to end.
So it might be wise to wait for Y,M,W candle to close
properly. We can have proper direction in 2021.
Gold might reach till 1915-1920 as per my analysis.
If broken that level then 1960 -1980 would be
upcoming.
Else
It will retrace back towards 1850-1780.
Depending upon how last week of year behaves.
Gold is currently trapped in Bullish Channel and
minor Bearish Channel.
M.A and RSI are supporting Bulls.
However
Strong Doji on W TF.
0.84 Fib level seems to be holding.
analysis of Gold. All went 100% accurately.
2020 is going to end.
So it might be wise to wait for Y,M,W candle to close
properly. We can have proper direction in 2021.
Gold might reach till 1915-1920 as per my analysis.
If broken that level then 1960 -1980 would be
upcoming.
Else
It will retrace back towards 1850-1780.
Depending upon how last week of year behaves.
Gold is currently trapped in Bullish Channel and
minor Bearish Channel.
M.A and RSI are supporting Bulls.
However
Strong Doji on W TF.
0.84 Fib level seems to be holding.
