As you see the green lines represent support and resistance. When observing the chart one can see that I have a few scenarios set up depending on how you look at it.
Expect GOLD to reach 1960 extension 1980 with a slight peak of 2k zone. Flip side we can see that GOLD can also resist lower support levels.
Stay focused lets make money.
Please see my chart which shows all support and resistance found in my analysis..
We see that both sides can play but 1850 area was a good support for bull. Overall we still in bull market.
Expect to see 1960 extension to 1980 coming weeks as we get closer to elections and stimulus deal.
Hello traders this just an idea of what I see according to my analysis if Gold can maintain the support of 1957 it can go even high to reaching 2k or more later. Going below 1957 can show signs of bear market with extensions down to 1930 then 1900 and lower.