WHAT TO EXPECT ON GOLD.

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As we're a few days left to a new year, it is not a good idea trading at these days as a lot can happen , including low volatility in the market ... but i'll just quickly share my analyses with you guys.

Throughout last week and the beginning of this week price has been creating a rising wedge towards Strong resistance zone 1810-1815 ,which is now complete and i have 2 more ideas on what to expect from now onwards ...

price can either create a correction retracing the impulsive move then push towards local support zone 1785-86 , then bounce from it continuing the bullish movement .

OR

price can push lower towards local support and break down bellow towards strong support zone 1759-1763...

which one is gonna play out ? we don't know ,we just have to wait and see!

ENJOY THE REST OF THE HOLIDAYS !!!

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