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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GOLD 10.05.2022

Technical Analysis
Tuesday, May 10, 2022 - 12:09
Point Trader Group
GOLD 10.05.2022

summary:

The pair is trading in an uptrend

 

Expected scenario:

Gold is trading above a strong support level around 1844, which enhances the chances of a rise to 1890 - 1900

Alternative scenario:

Breaking the level of 1844 with a daily candle may push the pair down to 1821 - 1810

resistance levels

1900

1890

 

Support levels

1844

1821

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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