Gold prices got another shot-in-the-arm in early-December, pushing above the 1800 psychological level and eventually finding resistance in a block of prior swing highs, plotted from around 1819 to 1824. This was the same spot of resistance that caught the highs in August before the sell-off pushed down to that key support test at 1628, just before the November reversal began. Bulls shied away from a re-test of this zone last Friday, but this morning’s move saw prices breach-above before pulling back. And at this point, buyers are trying to hold support in that same spot, on a short-term basis.
For bullish continuation scenarios, if buyers can hold the higher-low, whether its in the 1819-1824 zone or whether its above the 1800 psychological level, the next major spot on the chart is 1848, which is the 50% marker of this year’s major move.
Be careful of your trades TONIGHT!
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.