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FX.co ★ Analysis of Gold for September 21,.2021 - Key supply zone on the test

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Forex Analysis:::2021-09-21T11:46:03

Analysis of Gold for September 21,.2021 - Key supply zone on the test

Technical analysis:

Analysis of Gold for September 21,.2021 - Key supply zone on the test

Gold has been trading upside but the price is testing key supply-resistance zone at $1,768-$1,775

Trading recommendation:

Watch for potential selling opportunities if you see reversal intraday pattern.

Downside objectives are set at $1,758 and $1,742

Stochastic is showing extreme condition and potential for the downside rotation

Analyst InstaForex
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