Let's see if one of the scenarios will happen. This is just an analysis.
Possible scenarios for gold in the next few days. This is just an analysis, not a trade idea. Trade at your own risk.
A senario for XAUUSD. Gold might hit 1807 and reverse.
Dow might bounce back on one of the two levels.
Impoartant levels where Gold might reverse or correct.
Gold is more likely to break its record high from back in 2011. It's more likely that this glod run lately will drive gold price higher. We might see a $2000 before the end of this year.
Gold is being bullish lately. The trend might go up higher to $2000 with some retracements here and there.
As counties are easing up the restrictions on COVID-19, oil prices might go up as more and more people go back to work.
