Gold Analysis 27/09/2020

27 de set. de 2020

Could be a good opportunity if there is enough volume in Asian tonight, we have formed a resistance on the 1h tf, a solid break and formation of support could give a good chance for longs up to 1872-74, the next resistance. However if we get a break of support below 1858.75, we could see gold potentially retesting daily support as there is a clean wick to fill, providing resistance is formed around the broken support. I will be spectating unless an opportunity arises as it is the first day of the week and also Asian session.