GOLD near breakout

7 Mar 2020

Volume crazy at week chart. But 1675-1700 is very strong resistance. Obviously last week volume appeared on the first touch. Now second attempt. If will grow above 1700, will grow at least to 1770-1800. And that will be very close to all time high at 1921. If grow above, that must be the case when the whole economy is falling

3 days chart


Month chart

23 Mar 2020

Catatan

World crisis hit all markets including precious metals. Strong resistance at 1675 rejected price. Now gold is making a bounce. Lets see how far it will take it.