GOLD 22.06.2021

Technical Analysis
Tuesday, June 22, 2021 - 02:22
Point Trader Group
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 levels1800.001810.001825.00
Support levels1760.001730.001712.00

 

  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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