Congratulations to those who have followed my recent both analysis of Gold. All went 100% accurately.
2020 is going to end. So it might be wise to wait for Y,M,W candle to close properly. We can have proper direction in 2021.
Gold might reach till 1915-1920 as per my analysis. If broken that level then 1960 -1980 would be upcoming. Else It will retrace back towards 1850-1780. Depending upon how last week of year behaves.
Gold is currently trapped in Bullish Channel and minor Bearish Channel. M.A and RSI are supporting Bulls. However Strong Doji on W TF. 0.84 Fib level seems to be holding.
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