FX.co ★ Gold 12.26.2019 - Gold has been trading upside and I do expect potential test of $1.515

Gold has been trading upward, exactly what I expected in my previous analysis. Gold is going towards our first main target at the price of $1.515 and potentially is heading to test the level of $1.535.

I see no indication of any reversal yet. Stay bullish and watch for buying opportunities on the dips.

MACD oscillator is showing new momentum up, which is confirming firm upward condition.

Resistance levels are seen at the price of $1.515 and $1.535

Support level is set at the price of $1.482