FX.co - Analysis of Gold for December 25,.2020 - First upside target at the price of $1.884 has been reached. Second target set at $1.906

2020-12-25T12:39:46

Relevance until2020-12-27

Analysis of Gold for December 25,.2020 - First upside target at the price of $1.884 has been reached. Second target set at $1.906

Further Development

Analysis of Gold for December 25,.2020 - First upside target at the price of $1.884 has been reached. Second target set at $1.906

Analyzing the current trading chart of Gold, I found that there is the rejection of the rising trendline and that buyers can continue with more upside.

Key Lvels:

Resistance: $1,906

Support level: $1,855

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

#Technical analysis #USD #Gold #Commodity

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2024

FX.co ★ Analysis of Gold for December 25,.2020 - First upside target at the price of $1.884 has been reached. Second target set at $1.906

Forex Analysis

Analysis of Gold for December 25,.2020 - First upside target at the price of $1.884 has been reached. Second target set at $1.906