Is Gold Going Up Again? $1800+ Possible

9 Apr 2020

Looking at the Gold Spot (XAUUSD) chart I am getting the feeling that Gold can move higher.

Right now resistance is being faced at $1649.65.
If this level can be conquered, $1836 will be hit next.

Failing to close above $1649.65 this week, will send Gold Spot lower... But looking at lasts week's strong bounce (marked green space), it is likely that prices will go up.

This is not financial advice.

Thanks a lot for your support.

Namaste.

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