Given that the price has reacted positively to its support X-Point range, and also given today's news of the resurgence of the Corona virus, we expect the price of gold to continue to rise in the coming days.
Important resistance levels ahead of the price: $ 1815, $ 1833 and $ 1845
If the price loses the support indicated on the chart ($ 1778) we can expect the price to fall further to the level of $ 1722.
Currently, our most important support is the POC Line volume support, which is in the $ 1785 range and the price has not been able to close below this level in the last 3 days.
Our final profit from previous analyzes of gold for its price drop is more than 700 pips ✅
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 26.Nov.2021
⚠️(DYOR)
❤️ To give us energy and motivation , please like and leave a comment. ❤️