FX.co - Analysis of Gold for June 30,.2022 - Key decision pivot on the test at $1.814

2022-06-30T08:56:30

Relevance until2022-07-01

Technical analysis:

Analysis of Gold for June 30,.2022 - Key decision pivot on the test at $1.814

Gold has been trading sideways at the price of $1.816 and there is potential for the rejection or the breakout.

Trading recommendation:

In case of the rejection of the key support at the price of $1.814, watch for buying opportunities with the upside objective at $1.832

In case of the downside breakout for the support at $1.814, watch for selling opportunities on the rallies with the downside objective at $1.804.

*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 June 30,.2022 - Key decision pivot on the test at $1.814