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drsyizz

Gold Outlook - 24 October 2019

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
drsyizz  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
9
0
trendanalysis chartpattern
Hi Guys,

Yesterday Gold did a good bull run thanks to Brexit...

Looking at Daily and H4 chart, Gold might move up to 1501 and then drop to 1472...

snapshot

snapshot

If we focus on H1, the possible movement is downwards as Gold tested the resistance 1494 yesterday and failed few times. Hence, a move downward is more possible.
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