← Back to blog
November 24, 2020
The Bullion Enroute to $2500 - Gold [XAU-USD]
n
n n nnn
? Trend Support S1: $1820
?? Key Resistance R1: $1850
? Key Support S1: $1820
?? Trend Indication: Bullish
n
n Share on twittern Twitter
n Share on whatsappn WhatsApp
n Share on telegramn Telegram
n Share on linkedinn LinkedIn
n n nnn Key Takeawaysn </p> n <ul>n <li>n The current market sell-off on gold isn't really logical or solid as it is based on hope and relief on the success of the covid vaccine- short term... n </li>n <li>n The next stimulus is on its wayn </li>n <li>n Feds balance sheet at a ridiculus staten </li>n <li>n National debts at an all time highn </li>n <li>n Hyper-inflation and economic recessionn </li>n </ul>n <a href="http://t.me/niclaxfx" >n Get Free analysis us on telegram </a>n <figure>n <a href="/images/2020/11/Gold-Chart-.png">n <img width="1600" height="943" src="/images/2020/11/Gold-Chart-.png" alt="" /> </a>n <figcaption>THE BITCOIN MARKET CYCLE</figcaption>n </figure>n <p>Hey traders, in this chart we took a logarithmic parabola view on Gold , i tried to make the chart self-explanatory and detailed. However if you still have some questions do leave a comment below and if you find it helpful share.nnn? Trend Resistance R1: $1860? Trend Support S1: $1820
?? Key Resistance R1: $1850
? Key Support S1: $1820
?? Trend Indication: Bullish
n
n DisclaimernnDisclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. NiclaxFX (NFX), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.nn
Enjoyed reading this article?nnnShare with others on your favorite social media or leave a comment below...n Share on facebookn Facebookn Share on twittern Twitter
n Share on whatsappn WhatsApp
n Share on telegramn Telegram
n Share on linkedinn LinkedIn
Want to trade like this — with a plan?
Get structured mentorship, trading education and community inside NFX Hub.