gold is reaching the all time highs as the us dollar starts to weaken...
First thing we are looking at is the coming resistance level of 1795 however it could take the current resistance and fall from here as well.
Second thing to watch for is the Us China trade relations as tensions are starting up there again.
and finally the Covid-19 situation....There...
Gbpnzd is at a retest level and is showing signs of rejection.... Im waiting for a break of the uptrend and maybe the start of a downtrend.
im keeping a relatively near stoploss
Tp1 : 2.02575
Tp2 : 1.99878
Tp3 : 1.96632
Gold is once again testing the resistance lvl and I don't think it can go any higher...….selling pressure is also there and im expecting a fall to the support......however I will continue to trail it to tp 2 and 3 and hopefully 4