Will this be the next target for GOLD?

Long

Or / Dollar Américain (OANDA:XAUUSD)

Mis à jour

OANDA:XAUUSD Or / Dollar Américain

Trend Analysis

trendanalysis

Saw something on the chart, just having some fun. Lets see where gold ends up going 3rd quarter of 2020.

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I meant to say 1st quarter, cause this does looks like our first quarter target for 2020.

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1500 support, then 1700.

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On our way to the target.

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we hit that nasty resisting uptrend again like we did at the beginning of Jan. I think the gold sell trade for the near term is on.

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I am expecting a pull back now.

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The question is now.. If equities drop will gold finally become the fear trade we are all used too.

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