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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 28.12.2021

Technical Analysis
Tuesday, December 28, 2021 - 14:33
Point Trader Group
GOLD 28.12.2021

Overview:

The pair is trading in an uptrend

Expected scenario:

 Continuing trading below the resistance level of 1831 may push the pair down to 1760

Alternative scenario:

On the other hand, we see that if the level of 1831 is broken upwards, it may push this pair to rise to 1861

 

Resistance levels

1831.00

1850.00

1861.00

 

Support levels

1800.00

1760.00

1730.00

*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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