gold at a crucical stage Short

GOLD (US$/OZ)TVC

Description

⋅ Dec 9, 2020 6:56 PM

With gold closing below 1848 on the hourly chart, it seems to have signalled a continuation of the downtrend. The next crucical level to watch out for is 1813 as a close below this level could herald a retest of 1765.

Trend Analysis