Oro / DollaroLong
✴️ GOLD Mid-Term. January 16-20
Gold is breaking through again. What to expect from the coming week?
1) The price entered a new global range of 1911-1981.
2) Friday's bar closed above support.
3) Friday's bar closed at its highs, which can be interpreted as "growth will continue
4) Fundamental factors are in favor of gold at the moment
5) If the price fixes above the level of 1911, this will open the potential for growth towards 1950, 1981
On Monday the price can make an upside gap to 1930 or it can pullback to retest the support of 1911 and maybe even go lower to the 1900 area.
1) The price entered a new global range of 1911-1981.
2) Friday's bar closed above support.
3) Friday's bar closed at its highs, which can be interpreted as "growth will continue
4) Fundamental factors are in favor of gold at the moment
5) If the price fixes above the level of 1911, this will open the potential for growth towards 1950, 1981
On Monday the price can make an upside gap to 1930 or it can pullback to retest the support of 1911 and maybe even go lower to the 1900 area.
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
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