Main Quotes Calendar Forum
flag

FX.co ★ Analysis of Gold for January 05,.2022 - Breakout of the mini contraction

parent
Forex Analysis:::2022-01-05T12:31:56

Analysis of Gold for January 05,.2022 - Breakout of the mini contraction

Technical analysis:

Analysis of Gold for January 05,.2022 - Breakout of the mini contraction

Gold has been trading upside today and I see potential for the further upside movement.

Trading recommendation:

There is the breakout of the mini contraction in the background and that is sign for further upside movement towards upper reference.

Upside objective is set at the price of $1,830

Stochastic oscillator is showing continuation al pattern and another upside cycle.

Intraday support level is set at $1,812

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...