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FX.co ★ Analysis of Gold for November 26,.2021 - Upside breakout

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Forex Analysis:::2021-11-26T13:14:39

Analysis of Gold for November 26,.2021 - Upside breakout

Technical analysis:

Analysis of Gold for November 26,.2021 - Upside breakout

Gold has been trading upside as I expected. The price is heading towards my upside objective from yesterday at $1,822.

Trading recommendation:

Due to upside breakout today and strong relative strength on the Gold, watch for potential buying opportunities on the pullbacks.

Upside target is set at the price of $1,822

Stochastic is showing potential for the bullish cross and extreme downside condition.

Support level is set at $1,780

Analyst InstaForex
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