Autofx

Could GOLD bulls be re-attracted to 1685 Key Support Level?

Viés de alta
OANDA:XAUUSD   Ouro/Dólar Americano
This may well be the case if the 1685 Support holds once again as it has done since June 2020. Price is currently approaching multi year lows and may be seen as underpriced which would bring some bullish action. There is also an emerging Bat Harmonic pattern forming and point C is just a few pips above 1685.

If this confluence holds, I expect a strong rally on Gold, perhaps for around 2,000 pips

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.