A quick and simple analysis on Gold week ended 25 September 2020

Hi all,

I was just taking a quick (and simple) review on gold based on the longer time frames.

I note the following support levels (effectively where price is at the moment) on the daily chart time frame:

- 23.6 fib retracement
- 89 EMA
- August 2020 low

Perhaps if there a break of these levels in the next week or so, then this may trigger further downside.

Best of luck to all,
bazzman78tv
27 September 2020