Gold facing 2 strong resistance.
As we know Russian Sputnik vaccine news had impacted gold to start falling. This trendline is very strong and tested manytimes. + support line 1 is crossing. So I think it will reject strongly.
USA federal reserve guys are gonna tell us something important soon but that won't effect gold very much. Because vaccination is ongoing. Which means we will coming to live normally asap. So people don't have to grab gold but they will invest and spent their money without jeopardy. Plus Gold has young rivalry BITCOIN.
I assume Gold will fall in 2021. (In long term Gold is very rare metal and it has limit so trend is up)
USA federal reserve guys are gonna tell us something important soon but that won't effect gold very much. Because vaccination is ongoing. Which means we will coming to live normally asap. So people don't have to grab gold but they will invest and spent their money without jeopardy. Plus Gold has young rivalry BITCOIN.
I assume Gold will fall in 2021. (In long term Gold is very rare metal and it has limit so trend is up)
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