Main Quotes Calendar Forum
flag

FX.co ★ Analysis of Gold for May 14,.2021 - Big supply cluster at teh price of $1.840

parent
Forex Analysis:::2021-05-14T11:36:37

Analysis of Gold for May 14,.2021 - Big supply cluster at teh price of $1.840

Technical analysis:

Analysis of Gold for May 14,.2021 - Big supply cluster at teh price of $1.840

Goldhas been trading upside but I found strong resistance at the price of $1.840. THere is potential for the downside rotation.

Trading recommendation:

Watch for potential selling opportunities at $1.838 for the further downside movement.

Downside targets are set at the price of $1.820 and $1.810.

Stochastic is showing overbought condition and potential for the downside rotation.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...