Main Quotes Calendar Forum
flag

FX.co ★ Analysis of Gold for June 07,.2022 - Watch for the breakout of the sideways base

parent
Forex Analysis:::2022-06-07T14:53:11

Analysis of Gold for June 07,.2022 - Watch for the breakout of the sideways base

Technical analysis:

Analysis of Gold for June 07,.2022 - Watch for the breakout of the sideways base

Gold has been trading sideways in the past 10 days and I see potential for the breakout in the next period. Watch for the breakout to confirm further direction.

Trading recommendation:

In case of the upside breakout of the resistance at $1.872, watch for buying opportunities on the intraday dups with the upside objective at $1.908

In case of the downside breakout of the support at $1.829, watch for selling opportunities on the intraday rallies with the downside objective at $1.792

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...