Main Quotes Calendar Forum
flag

FX.co ★ Analysis of Gold for June 21,.2021 - Potential for another big drop towards $1.682

parent
Forex Analysis:::2021-06-21T13:59:29

Analysis of Gold for June 21,.2021 - Potential for another big drop towards $1.682

Technical analysis:

Analysis of Gold for June 21,.2021 - Potential for another big drop towards $1.682

Gold has been trading upwards due to oversold condition on Friday but I still see potential for the downside continuation.

Trading recommendation:

Watch for potential selling opportunities with the the main downside target at the price of $1.682.

Sellers are in control and I see potential running flat type of correction in the play, which is another sign of the weakness.

The trend is bearish with no evidence of reversal....

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...