Gold end the year at 1400?

2019年12月9日

Gold is currently in a period of accumulation (decrease) and moving prices in a narrow band. We still have to wait for a clearer signal.

If gold continues to move down and close below 1453 the candle is highly likely to return to the support area 1400-1420.

On the other hand, if gold turns around, the buying opportunity for the long side will be at 1465 and the target will be 1488.

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