DEC 20 GOLD: Entering weekly resistance zone

What is up trading family,

Comin back at you with my December 20th , 2020 analysis on XAU USD.



This week we are watching for the market's reaction to the vaccine rollouts as well as congress approving a stimulus package, in relation to the resistance zone we are nearing on the weekly timeframe. We will continue to hold our positions and monitor gold's reaction to this area through the week.

If you have any questions or comments don't hesitate, I love interacting with you guys and hearing your thoughts on the market.

And as usual ... take profits and take it easy -- I'll catch y'all next week.

- Ray
Bullish PatternscongressEconomic CyclesFibonacciGoldpullbacksupportSupport and ResistanceUSDWeekly ChartsXAUUSD

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