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FX.co ★ Analysis of Gold for October 22,.2021 - Key resistance at $1.800 on the test

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Forex Analysis:::2021-10-22T12:39:52

Analysis of Gold for October 22,.2021 - Key resistance at $1.800 on the test

Technical analysis:

Analysis of Gold for October 22,.2021 - Key resistance at $1.800 on the test

Gold has been trading upside towards $1,800. The level of $1,800 is key swing high and very important pivot level.

Trading recommendation:

Key resistance level at $1,800 is on the test.

Watch carefully the price action around key level.

Downside reaction of the pivot at $1,800 can provide downside towards $1,788

The upside continuation breakout of the $1,800 can provide higher level and test of $1,829

Analyst InstaForex
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