FX.co - Analysis of Gold for September 23,.2021 - Rejection of the key resistance at $1.782

2021-09-23T11:45:29

Relevance until2021-09-24

Technical analysis:

Analysis of Gold for September 23,.2021 - Rejection of the key resistance at $1.782

Gold has been trading downside as I expected. There is rejection of the key resistance at $1,782 in the background.

Trading recommendation:

Due to rejection of the key resistance at $1,782, I expect potential downside continuation.

Watch for selling opportunities on the rallies with the downside target at $1,745.

Gold is in the post climax effect from yesterday.

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

Analytical expert

Petar Jacimovic

FX.co ★ Analysis of Gold for September 23,.2021 - Rejection of the key resistance at $1.782