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FX.co ★ Analysis of Gold for March 03,.2023 - Key resistance zone on the test at $1.845

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Forex Analysis:::2023-03-03T08:54:12

Analysis of Gold for March 03,.2023 - Key resistance zone on the test at $1.845

Technical analysis:

Analysis of Gold for March 03,.2023 - Key resistance zone on the test at $1.845

Gold has been trading upside this morning but I found that resistance zone at the price of $1.845/47 is on the test.

In case of the rejection of the key resistance, I see possible rotation downside towards $.830

In case of the breakout of the resistance zone, I see potential for the upside movement towards $1.858/65.

Key resistance is set at the price of $1.845/47

Analyst InstaForex
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