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FX.co ★ Analysis of Gold for February 14,.2022 - Upside continuation in play

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Forex Analysis:::2022-02-14T13:19:53

Analysis of Gold for February 14,.2022 - Upside continuation in play

Technical analysis:

Analysis of Gold for February 14,.2022 - Upside continuation in play

Gold has been trading upside as I expected. I see potential for further upside continuation after the correction. Upside opportunities are preferable...

Trading recommendation:

Due to strong upside momentum in the background, I see potential for the continuation.

Watch for buying opportunities on the pullbacks wit the upside objective at $1,877.

There is strong momentum in the background and rising lows in last few days, which is another sign for further upside movement.

Support levels are set at $1,853 and $1,842

Analyst InstaForex
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