2021 XAU/USD Gold price forecast, Buy, key price 1925
2021 the first market has opened.
The price of gold is going up nicely and expectedly. My view remains unchanged, the same as below.
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Thu, Dec 17, 2020
As expected, the price of gold is going up. There are two hard resistances to overcome, 1895 and 1925. When they break out 1895, it could mean the correction from the high of August 7th, 2020 is over. We could guess gold would start to rise again for a new high when they break out and secure 1925. In the short term, the target price could be 1923 or 1954. Support could be 1835. In my opinion, it's time to buy gold.
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As gold breaks out the key price of 1895, the correction from the high of August 7th, 2020 is over. What we do is to watch 1925 line and find opportunities to buy. We seem to be at a time when we should consider big move (at least 10,000 per ounce), not small ones. I hope all traders will have good profits, this year.
2021-2025 Market Outlook : Commodity Stock Forex
2021-2025 XAU/USD Gold price forecast, Buy, Target 5321 (+190.77%)
The price of gold is going up nicely and expectedly. My view remains unchanged, the same as below.
"
Thu, Dec 17, 2020
As expected, the price of gold is going up. There are two hard resistances to overcome, 1895 and 1925. When they break out 1895, it could mean the correction from the high of August 7th, 2020 is over. We could guess gold would start to rise again for a new high when they break out and secure 1925. In the short term, the target price could be 1923 or 1954. Support could be 1835. In my opinion, it's time to buy gold.
"
As gold breaks out the key price of 1895, the correction from the high of August 7th, 2020 is over. What we do is to watch 1925 line and find opportunities to buy. We seem to be at a time when we should consider big move (at least 10,000 per ounce), not small ones. I hope all traders will have good profits, this year.
2021-2025 Market Outlook : Commodity Stock Forex
2021-2025 XAU/USD Gold price forecast, Buy, Target 5321 (+190.77%)