In the last 3 trading days, Gold price has increased strongly from 1824 to 1895 ($ 71).  Particularly yesterday, Gold price bounced up from 1860-1896 and closed the day at 1885. With yesterday's candle's close, it was clear that it closed above the strong resistance zone at 1860-1865.  This will become the support price zone in today's trading day.

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Comment on Gold on December 18, 2020:

In the last 3 trading days, Gold price has increased strongly from 1824 to 1895 ($ 71).  Particularly yesterday, Gold price bounced up from 1860-1896 and closed the day at 1885. With yesterday's candle's close, it was clear that it closed above the strong resistance zone at 1860-1865.  This will become the support price zone in today's trading day.
- The reason I consider the 1860-1865 price zone to be important and a strong resistance is because as we can see on the screen, this price zone has been continuously crashing from August 12, 2020 until November 23, 2020.  This area has just been broken down, so when the price of Gold recovers above this zone and combined with the bullish candles for 3 consecutive days back here, it is highly likely that Gold will return to 1906.  Again.
- In my opinion, Gold in the last 3 days the downward force to go up is very small so we can establish a buy position early, which is around 1877-1867.  is also the price support for the day.  The next resistance price zone for today that Gold could head for, first around 1906 and beyond is 1918-1925.

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