January 04, 2021 at 03:36PM

• Gold rising sharply

• Likely to rise to 1965.00

Gold continues to rise sharply after the price broke through the pivotal resistance level 1900.00 (which stopped the previous waves 2 and 1).

The breakout of the resistance level 1900.00 coincided with the breakout of the daily down channel from August – which accelerated the active impulse waves 3 and (3).

Gold is expected to rise further to the next resistance level 1965.00 (monthly high from September and November of 2020).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/gold-wave-analysis-4-january-2021-20210104/
Selected by fonecable.com

euro
Search Web: Gold Wave Analysis 4 January, 2021

Recent Posts

euro

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published. Required fields are marked *

Chinese (Simplified) ZH-CN English EN French FR German DE Spanish ES