FX.co ★ Analysis of Gold for July 22,.2021 - Exhaustion from sellers and potential for the rally towards $1.810

Technical analysis:

Gold has been trading downwards in past 24 hours but is see very slow tempo and exhaustion, which is sign for the potential rally.

Trading recommendation:

Watch for potential buying opportunities due to the oversold condition and test of the strong support at the price of $1,1792.

Upside targets are set at the price of $1,810 and $1,825

Stochastic is showing oversold condition but no fresh bull cross...