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> GOLD basing above critical support – GOLD Market Outlook – 08/09/2020
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GOLD basing above critical support – GOLD Market Outlook – 08/09/2020

SquaredFinancial

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Lackluster session for the yellow metal with U.S. markets closed yesterday, however basing above our support level at 1920 favoring an uptick in bullish momentum with Trump vowing to scale back economic ties with China and as border disputes spark again on the Indo-China border.

Support: 1920 / 1900
Resistance: 1945 / 1960

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/gold-basing-above-critical-support-gold-market-outlook-08-09-2020
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