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FX.co ★ Analysis of Gold for July 07,.2020 - Breakout of the rising wedge in the background and potential for the further drop towards $1.757

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Forex Analysis:::2020-07-07T12:16:50

Analysis of Gold for July 07,.2020 - Breakout of the rising wedge in the background and potential for the further drop towards $1.757

Technical analysis:

Analysis of Gold for July 07,.2020 - Breakout of the rising wedge in the background and potential for the further drop towards $1.757

Trading recommendation:

Watch for potential downside opportunities due to breakout of the rising wedge in the background.

Downward targets are set at the price of $1,757 and $1,750

Analyst InstaForex
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