Gold Outlook - 24 October 2019

Hi Guys,

Yesterday Gold did a good bull run thanks to Brexit...

Looking at Daily and H4 chart, Gold might move up to 1501 and then drop to 1472...

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If we focus on H1, the possible movement is downwards as Gold tested the resistance 1494 yesterday and failed few times. Hence, a move downward is more possible.
Chart PatternsTrend Analysis

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