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GOLD 22.06.2021
Overview:
The pair is trading in a short-term bullish trend
Expected scenario:
The pair is trading the highest strong support level around 1760, which enhances the chances of rising during today's trading to 1800
Alternative scenario:
On the other hand, we see that if the 1760 level is broken, it may push the pair further downwards, to reach 1731.
| resistance levels | 1800.00 | 1810.00 | 1825.00 |
| Support levels | 1760.00 | 1730.00 | 1712.00 |
Disclosure of risk: 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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