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FX.co ★ Analysis of Gold for July 08,.2020 - New upside wave started and I see potential for $1.821 on the test

Analysis of Gold for July 08,.2020 - New upside wave started and I see potential for $1.821 on the test

Technical analysis:

Analysis of Gold for July 08,.2020 - New upside wave started and I see potential for $1.821 on the test

Gold has been trading upwards and we got continuation of the bigger upward trend. Since the Gold did break of $1,789 there is potentila for the bigger rise towards the $1,821.

Trading recommendation:

Watch for buying opportunities on the dops using the 30 minutes or 1H time-frame. I see potential for the further upside and test of $1,821.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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