Main Quotes Calendar Forum
flag

FX.co ★ Analysis of Gold for July 21,.2021 - Watch for upside rotation towards $1.813 due to exhaustion from sellers

parent
Forex Analysis:::2021-07-21T11:56:16

Analysis of Gold for July 21,.2021 - Watch for upside rotation towards $1.813 due to exhaustion from sellers

Technical analysis:

Analysis of Gold for July 21,.2021 - Watch for upside rotation towards $1.813 due to exhaustion from sellers

Gold has been trading downwards towards the level at $1,800. I see strong suport and potential for the reaction to the upside.

Trading recommendation:

Watch for the exhauston patterns to confirm further upside rotation.

Upside target is set at $1,8613.

RSI is trading velow 30 level, whihc is sign that there is extreme intraday reading...

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...