Gold Trading Strategy 07-January-2021

Gold Trading Strategy  07-January-2021

Uptrend scenario :

The gold price uptrend may be expected to continue, while market is trading above support level 1914, which will be followed by reaching resistance level 1941 – 1950.

Downtrend scenario :

An downtrend will start as soon, as the market drops below support level 1914, which will be followed by moving down to support level 1900 – 1893.

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