FX.co - Analysis for Gold 04.29.2020 - Broken resistance supply trendline in the background, Watc for buying opportunities towards the level of $1.738

2020-04-29T11:41:15

Relevance until2020-05-01

Analysis for Gold 04.29.2020 - Broken resistance supply trendline in the background, Watc for buying opportunities towards the level of $1.738

Corona virus summary:

Analysis for Gold 04.29.2020 - Broken resistance supply trendline in the background, Watc for buying opportunities towards the level of $1.738

68 people have already died at a veterans' home in Massachusetts

Technical analysis:

Gold has been tradingsideways at the price of . The prie re-tested the level of $1,694 but i rejected strongly from our support at the price of $1,695.I see potential for the upside movement and test of the $1,738-$1,746.

Support level is set at the price of $1,691

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

#Technical analysis #Gold #COVID-19

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2025

FX.co ★ Analysis for Gold 04.29.2020 - Broken resistance supply trendline in the background, Watc for buying opportunities towards the level of $1.738

Forex Analysis

Analysis for Gold 04.29.2020 - Broken resistance supply trendline in the background, Watc for buying opportunities towards the level of $1.738