FX.co ★ Analysis of Gold for June 24,.2020 - Potential for new upside movement due to nice pullback in the upward trend. Upward target is set at $1.788

News:

Seven US states have reported their highest coronavirus patient admissions in the pandemic so far, as cases surge in the US following the easing of restrictions.

Technical analysis:

Trading recommendation:

Watch for buying opportunities on the dips using the hourly or 4H time-frame.

The upward targets are set at the price of $1,788 and $1,797.