FX.co ★ Gold 02.06.2020 - Multi pivot resistance at the pice of $1.570 on the test, watch the price action around it to confirm futher dirrection

Technical analysis:

Gold has been trading upwards. The price almost tested important multi swing resistance at $1.570. Watch for selling opportunities and potential rotation down towards the level of $1.547.

MACD is showing positive reading above the zero and the slow line is trying to turn into the upside.

Major resistances are set at the price of $1.570 and $1.592

Support levels are seen at the price of $1.562 and $1.547