Gold shorts at 1911

31. Dez. 2020

Gold has been in a recent uptrend for most of December, but for the last few months it's been seeing a steady decline. Gold may be looking to form some equal highs here with one last push upwards then finally dropping to around the 1850 range. Around the 1911 level gold will also be testing a weekly zone that it broke out of in November that was previously support. The market should also coming to fill and retest the imbalance formed by that large bearish candle formed on November 9th. I'll be looking for sells around the 1911 level.