Gold 2020 or 1940?
Updated
Currently, gold is sitting on an important support level that, if broken, could lead to a return to its previous downtrend line, which was broken in the past. This support level is crucial and significant, and if it holds, gold could continue its upward trend until 2020, and even potentially reach its previous high of 2060.
However, given the current situation, which is becoming more peaceful due to the possibility of a temporary peace, it's possible that gold could drop even further and fill the price gap.
However, given the current situation, which is becoming more peaceful due to the possibility of a temporary peace, it's possible that gold could drop even further and fill the price gap.
Note
Note
Gold important resistance: 2040 - 2052Note
1H time frameNote
Gold 1H time frame on weak support: 2037 - 2039If this support level breaks, we can expect 2018 .
Note
Gold on last important resistance 1972 - 1975 ....
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