Please Wait!

To receive timely notifications on videos and posts please indicate your email

TECHNICAL ANALYSIS OF GLOBAL FINANCIAL MARKETS STRATEGIC OVERVIEW OF MACRO ECONOMY & GEOPOLITICS

Gold continues to hold above key support after retest!

Gold February 2021 futures (ZG, present price $1878) after hitting resistance (red color) at $1,911 yesterday sharply fell to $1,859 where held exactly at retest line (blue color). Gold needs to continue trading above blue line and preferably rise back above $1,890 level by the end of today. If holds, then next upside target for gold is $1,935, support comes at $1,850. This post is not an investment advise.

Leave A Comment

Your email address will not be published.