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.