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FX.co ★ Analysis of Gold for December 22,.2022 - Watch for the brekaout of the trading range

Analysis of Gold for December 22,.2022 - Watch for the brekaout of the trading range

Technical analysis:

Analysis of Gold for December 22,.2022 - Watch for the brekaout of the trading range

Gold has been trading inside of the well defined trading range and there is potential for the breakout play.

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Trading recommendation:

In case of the upside breakout of the resistance at $1.820, watch for buying opportunities with the upside objective at $1.850

In case of the downside breakout of the support at $1.811, watch for selling opportunities with the downside objective at $1.800

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