GOLD UPDATE TODAY

GOLD UPDATE TODAY

Here’s another look at the Gold safe haven from the higher timeframe off the daily.

We’ve talked about the 1865 key Support for a while now and then the many inside bars which gave it’s next possible direction, if you ask me.

Now we have a clear break and we wait a retest for shorts to hopefully continue the down move.

Note that the Greenback has swallowed up all the profit gained from the Sellers from earlier today and even broken higher.

It definitely pays to analyse the charts accordingly to what you see….(Always trade what you see and not what you heard)

Image may contain: text that says 'XAUUSD,Daily 1870.46 1840.24 2053.80 1993.80 1933.80 1813.80 Oct2019 11Nov2019 13Dec2019 20Jan2020 1Feb2020 1Feb 1632.60 XAUUSD daily 26Mar2020 26M Apr2020 31un202 7Jul2020 10Aug2020 1Sep20 1572.60 150 202 1512.60 Nov2020'

November 23, 2020

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