Gold Daily: 27 Oct 2020

Yesterday we had a very range-bound session in the Gold but if you look closely you will notice that value moved higher during the day.

That led to an overnight rally which stopped at weekly PP.

The overnight highs show us poor structure which has a high probability of correcting.

This 1913 area will play a key role in today's session.


Important zones

Resistance: 1917, 1913
Support: 1904, 1892

Macroeconomic releases
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