In my previous analysis, I have said that gold will shine again if the closing price at the end of 2019 is not closed below 2016 High ($1375) or 2018 High ($1365) and so far the price at the end of 2019 has not closed below that level.
Will The Bull Party Continue In 2020 ?
Some of the chart approaches I have, show that most likely "YES", if the bull can conquer $1555 High 2019, and one of them as follows (please copy and paste this link into your browser :s3.amazonaws.com/tradingview/snapshots/z/ZbOD8gaM.png).
Can $1555 High 2019 Be Conquered ?
From this chart approach (please copy and paste this link into your browser: s3.amazonaws.com/tradingview/snapshots/p/pegrg8Z8.png) and this chart (s3.amazonaws.com/tradingview/snapshots/b/beyvs9MI.png), in the short term, $1445 is estimated to be the Bottom Price, and if it is true then at least Bulls must be able to conquer the $1555 High Price in the Next 1 to 3 Months, as long as $1445 does not conquered by Bears. If $1555 can be conquered within the 1 Month, then the price is likely to rise again until February 2020 or March 2020 as shown in above main chart.
Let's see, can Bull conquer $1555 High 2019 in that time span ?
HAPPY NEW YEAR 2020
--ooOoo-- From The Desk Of NewBie --ooOoo--
Will The Bull Party Continue In 2020 ?
Some of the chart approaches I have, show that most likely "YES", if the bull can conquer $1555 High 2019, and one of them as follows (please copy and paste this link into your browser :s3.amazonaws.com/tradingview/snapshots/z/ZbOD8gaM.png).
Can $1555 High 2019 Be Conquered ?
From this chart approach (please copy and paste this link into your browser: s3.amazonaws.com/tradingview/snapshots/p/pegrg8Z8.png) and this chart (s3.amazonaws.com/tradingview/snapshots/b/beyvs9MI.png), in the short term, $1445 is estimated to be the Bottom Price, and if it is true then at least Bulls must be able to conquer the $1555 High Price in the Next 1 to 3 Months, as long as $1445 does not conquered by Bears. If $1555 can be conquered within the 1 Month, then the price is likely to rise again until February 2020 or March 2020 as shown in above main chart.
Let's see, can Bull conquer $1555 High 2019 in that time span ?
HAPPY NEW YEAR 2020
--ooOoo-- From The Desk Of NewBie --ooOoo--
